Smart Electricity Meter Project Awaits Funds

The venture to complete the replacement of 450,000 old electricity meters with smart ones needs an additional 2.5 trillion rials ($59 million), director of the plan (named Faham in Persian) said on Monday.
“As soon as the line of credit is opened, the project to monitor energy consumption more precisely will be implemented thoroughly,” Hadi Modaqeq was also quoted as saying by ISNA, adding that financial barriers are an impediment to the project’s implementation. The official noted that the transfer of Faham project from the Renewable Energy and Energy Efficiency Organization (Satba) to the Iran Power Generation, Distribution and Transmission Company (Tavanir) is being carried out.