The Executive Committee of the National Economic Council (Ecnec) on Wednesday approved a total of nine projects, including Tk 712.63-crore one to install smart prepayment electricity meters in Rajshahi and Rangpur divisions.
The approval came from the Ecnec meeting presided over by Ecnec chair and Prime Minister Sheikh Hasina at the NEC conference room in the city.
Also read: Ecnec clears 11 projects involving Tk 5,826 crore
“Today nine projects, including two revised ones, were approved. The overall estimated cost against the projects is Tk 2,665.21 crore (only additional costs of the revised projects were counted here),” said Planning Minister MA Mannan at a press briefing after the meeting.
The project titled “Installation of Smart Prepayment Meters in NESCO areas in Rajshahi and Rangpur Divisions” will be implemented by June, 2024 in a bid to enhance revenue collection and reduce system loss of electricity there.
The Northern Electricity Supply Company (NESCO) Limited will implement the project to install some 12 lakh smart prepayment meters – 11,13,608 single phase ones and 86,392 three phase ones— in 33 upazilas and two city corporations in 14 districts under the two divisions.