PESCO-USAID Project Comes to Fruition With Rs 1.3bn Revenue
Under the project, USAID installed 157-km anti-theft cable and 5,000 smart meters in various areas covered by Pesco
United States (US) Mission to Pakistan and Peshawar Electric Supply Company (PESCO) celebrated the success of a pilot project to help reduce power theft and expand power revenue in Peshawar.
The project, that overcame the issue of theft, billing problems, power supply, has saved nearly Rs 1.3 billion annually in the provincial capital.
Under the project, US- Agency for International Development (USAID) installed 157-km anti-theft cable and 5,000 smart meters in jurisdiction of Pesco, including the Chamkani subdivision.
Chamkani had reported approximately 60% revenue loss worth Rs 1.3bn annually due to theft and billing issues, a press release said.
Accurate billing became a duck soup with help of smart meters, operating on a central wireless internet system.
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Moreover, an innovative online transformer monitoring system was also introduced by USAID that allowed PESCO to conduct real-time energy accounting and to take corrective actions.
The innovative system is a preliminary model for a state-owned power distribution company.
As per sources, the handover ceremony was organized by USAID’s Sustainable Energy for Pakistan (SEP) Project, a four-year technical assistance initiative.
Present on the occasion, USAID Mission Director Julie Koenen stated that partnership with Pakistani government in the energy sector was extremely important.
“With the dependency on technology in today’s world, energy has become even more important to our daily lives, together, we seek new ways to secure the country’s energy resources”, said Julie.
US government’s partnership with Pakistan’s energy sector covers a wide range of projects to meet the country’s ambitions towards energy upgrade.
