US metering giant Itron has won a deal in south Asia with the supply of prepaid gas meters to Titas Gas Transmission and Distribution Company (TGTDCL), Bangladesh's largest natural gas distributor.
The energy company, which is a subsidiary of Bangladesh Oil, Gas and Mineral Corporation, is deploying Itron's gas prepaid solution in a bid to protect revenue, reduce losses and decrease gas wastage.
Funded by the Asian Development Bank, the deal comprises a turn-key smart payment solution including gas prepayment meters, kiosk vending terminals, IT infrastructure and prepayment software.
The solution will be installed over the next nine months.
Malcolm Munro, senior director of sales for gas in Asia-Pacific at Itron, said: “Itron’s proven smart payment solution will help TGTDCL ensure natural gas is used, paid for and managed efficiently.
"We are pleased to help the largest gas distributor in Bangladesh simplify its operations and conserve resources."
In February 2014, power and energy minister Nasrul Hamid was quoted as saying that Bangladesh will have prepaid electric metering nationwide by 2021.
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