Power utility company, Zesa Holidays has announced it will be investing close to $200 million in the installation of smart meters for medium and heavy consumers of electricity.
In Zimbabwe, the company has already completed installation of 590,518 prepaid meters.
“The total cost for the prepaid metering project was around $100 million and the total cost for smart metering project is estimated at around $190 million including cost of the Meter Data Management System,” Zesa said.
The power utility is targeting to install 4,000 smart meter units by December this year and a total of 40,000 when the project is completed in 2019. The Zimbabwe Electricity Transmission and Distribution Company said 25,000 of the awarded tender for 130,000 units have been delivered.
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