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Smart meters: Asian Development Bank funds Uzbekistan rollout

The Asian Development Bank (ADB) last week approved a US$300 million loan to fund full adoption of an advanced electricity metering system in the...

Uzbekistan smart metering project gets $150 million loan from Asian Development...

[img:Dollar%20(Custom).thumbnail.jpg| ]Tashkent, Uzbekistan and Manila, Philippines --- (METERING.COM) --- September 22, 2011 - The Asian Development Bank (ADB) has approved a $150 million loan for Uzbekistan’s Advanced Electricity Metering Project, which should help the energy intensive Central Asian nation use its power resources more efficiently.

The loan will fund the installation of modern, accurate, theft-proof digital meters for one million residential and small commercial power users in the cities of Bukhara, Jizzakh and Samarkand. The meters will operate using an automated management system that will allow the utility company to reduce power losses and increase revenues.

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