During a meeting between Federal Water and Power minister, Khawaja Asif, and Asian Development Bank delegation, it was proposed that if the Asian Development... Asian Development Bank may finance smart meters

During a meeting between Federal Water and Power minister, Khawaja Asif, and Asian Development Bank delegation, it was proposed that if the Asian Development Bank, ADB, can finance smart meters installation in Pakistan. The ADB is already financing Jamshoro coal plant project and is considering financing the second unit of the coal plant.

Installation of smart meters will help prevent electricity theft.  The minister said if the bank approves funding for this project, he would personally monitor the progress of the meters. The minister also praised ADB’s role in funding projects for infrastructure development and briefed the delegation regarding the cost to develop a second unit at Jamshoro.

The ADP is considering the proposals and hasn’t responded yet.