US helps increase electricity revenue in Peshawar
Islamabad: The United States Mission to Pakistan, along with the Peshawar Electric Supply Company (PESCO), celebrated the successful completion of a pilot project to help decrease electricity theft and increase power revenue in Peshawar.
Under the project, the U.S. Agency for International Development (USAID) installed 157 kilometers of anti-theft cable and 5,000 smart meters in various areas covered by PESCO, including Chamkani subdivision, which had been reporting approximately 60 percent revenue loss, or 1.3 billion PKR per year, due to theft, billing problems, and power supply issues.
Smart meters operating on a central wireless internet system make accurate billing easier and improve customer service.
Additionally, USAID introduced an innovative online transformer monitoring system that will enable PESCO to conduct real-time energy accounting and proactively take corrective actions. This is a first-of-its-kind system for a Pakistani government-owned power distribution company.
“With the dependency on technology in today’s world, energy has become even more important to our daily lives. That’s why our partnership with the Government of Pakistan in the energy sector is so important and why, together, we seek new ways to secure the country’s energy resources,” said USAID Mission Director Julie Koenen. “Because of its success, the Pakistani government now has the opportunity to expand this project to other parts of PESCO and potentially other distribution companies to increase revenue throughout the country.”
The handover ceremony was organized by USAID’s Sustainable Energy for Pakistan (SEP) Project, a four-year technical assistance initiative. Through SEP, USAID is supporting the Government of Pakistan’s efforts to deliver financially sustainable energy services to the people of Pakistan. The U.S. government’s partnership with Pakistan’s energy sector spans many decades and covers a wide range of projects to meet Pakistan’s ambitions toward energy modernization.