ISLAMABAD: Asian Development Bank (ADB) will conduct feasibilities in the Peshawar, Hyderabad and Sukkur electric supply companies for installation of smart (AMI) metres and ABC cables so as to help reduce losses of these companies.
ADB is also ready to negotiate to introduce smart metering infrastructure in the gas sector in order to make it more efficient and reduce its losses.
This was disclosed in a meeting between Power and Petroleum Minister Omar Ayub Khan and ADB Central and West Asia Director General Werner Liepach. ADB Country Director for Pakistan Xiaohong Yang and other senior officials of the Power Division were also present on the occasion.
Werner Liepach appreciated the recent developments in the power sector and expressed the commitment of ADB for extending its support to the sector in various fields. He informed the minister that ADB is providing its assistance to various entities in the energy sector and has initiated many projects in this regard.
Power Minister Omar Ayub Khan, while welcoming the ADB director general, expressed his gratitude for the bank’s continued support and provision of assistance to various entities in the energy sector.
He said directions have already been given to all the entities to bring in international standards of transparency and quality in their projects in order to make these more beneficial for both the government and the people of the country.
The minister said that he will conduct twice a month review meeting on the progress of projects initiated with the assistance of ADB to ensure their timely completion, besides removal of all bottlenecks.
It is worthy to note that ADB is already undertaking a multi-million-dollar AMI project in IESCO and LESCO.