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KSA to spend SR7bn on installation of smart meters

: Wednesday, March 19 - 2014 @ 10:54

Saudi Arabia’s Electricity and Co-generation Regulatory Authority (ECRA) has said the estimated cost of installing smart meters will amount to SR7bn, and the time for the implementation process will take up to eight years, Arab News has reported. “Work is currently underway to install 40,000 meters for major commercial subscribers to begin with,” said governor of ECRA, Abdullah Al-Shahri. “The whole integrated plan needs high funding and much more time,” he added.

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Wednesday, March 19- 2014 @ 10:54 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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