AGL 40.00 Decreased By ▼ -0.01 (-0.02%)
AIRLINK 127.00 Decreased By ▼ -0.99 (-0.77%)
BOP 6.68 Increased By ▲ 0.08 (1.21%)
CNERGY 4.49 Decreased By ▼ -0.11 (-2.39%)
DCL 8.60 Increased By ▲ 0.12 (1.42%)
DFML 41.30 Decreased By ▼ -0.18 (-0.43%)
DGKC 86.71 Increased By ▲ 0.13 (0.15%)
FCCL 32.16 Increased By ▲ 0.02 (0.06%)
FFBL 64.70 Decreased By ▼ -0.72 (-1.1%)
FFL 10.29 Increased By ▲ 0.04 (0.39%)
HUBC 109.51 Decreased By ▼ -0.98 (-0.89%)
HUMNL 14.90 Increased By ▲ 0.15 (1.02%)
KEL 5.05 Decreased By ▼ -0.08 (-1.56%)
KOSM 7.40 Increased By ▲ 0.28 (3.93%)
MLCF 41.39 Decreased By ▼ -0.26 (-0.62%)
NBP 60.60 Increased By ▲ 0.51 (0.85%)
OGDC 190.00 Decreased By ▼ -4.69 (-2.41%)
PAEL 27.81 Decreased By ▼ -0.14 (-0.5%)
PIBTL 7.75 Decreased By ▼ -0.25 (-3.13%)
PPL 149.75 Decreased By ▼ -1.42 (-0.94%)
PRL 26.73 Decreased By ▼ -0.15 (-0.56%)
PTC 16.18 Increased By ▲ 0.18 (1.13%)
SEARL 86.02 Increased By ▲ 7.82 (10%)
TELE 7.72 Increased By ▲ 0.33 (4.47%)
TOMCL 35.58 Decreased By ▼ -0.09 (-0.25%)
TPLP 8.14 Increased By ▲ 0.23 (2.91%)
TREET 16.51 Increased By ▲ 0.62 (3.9%)
TRG 53.35 Increased By ▲ 0.59 (1.12%)
UNITY 26.28 Decreased By ▼ -0.27 (-1.02%)
WTL 1.26 Decreased By ▼ -0.01 (-0.79%)
BR100 9,889 Decreased By -31.1 (-0.31%)
BR30 30,611 Decreased By -140.9 (-0.46%)
KSE100 93,355 Increased By 130.9 (0.14%)
KSE30 28,931 Increased By 46 (0.16%)

The Islamabad Women's Chamber of Commerce and Industry (IWCCI) on Sunday asked electricity and gas companies to consider adopting smart meter technology to discourage wastage, reduce loadshedding and operational costs and ensure profit.
Smart meters send electronic meter readings to energy supplier automatically through an in-built SIM card to settle the issue of estimated bills or over or under-paying, said Farida Rashid, President IWCCI.
Speaking to business community, she said that smart meters could mean lower electricity and gas bills; and more efficient operations by distribution companies. Smart meters will eliminate the need of meter readers while the energy companies will have a more accurate picture of the situation which can help proper planning, she said.
These devices could also lead to the innovative energy tariffs and plans tailored to fit lifestyle and energy usage of individuals. Farida Rashid said that power and gas companies are bleeding to death due to corruption, rampant theft, unaddressed technical problems and political interference which is bringing the country down.
China, India, UK, Brazil and many other countries are curbing theft through smart metering but our bureaucracy fear losing share from lineman's corruption without realising that Pakistan cannot withstand 40 per cent electricity theft and 16v per cent gas pilferage, she said. In Mumbai, India's most populated city with 13 million residents, smart meters have helped cut water losses by half from 700 million litres per day to 350 million litres, she informed.
Despite promises of successive governments, energy woes are strangulating the country while politicians continue to claim to overcome outages without giving an implementable plan, remarked Farida Rashid.-PR

Copyright Business Recorder, 2013

Comments

Comments are closed.