Govt puts ADB’s $990-million smart-meters project on hold

In a development that may affect relations with a Manila-based lending agency, Pakistan has decided to put on hold a $990-million (Rs105 billion) smart metering project that was meant to introduce advanced infrastructure in power distribution companies.

“We have concerns on project design and have asked the ADB to address these concerns,” a spokesman of the Power Division said while confirming cancellation of the bidding process. The spokesman said that “if these concerns are not addressed, Pakistan would ask the ADB to divert these funds to other power sector projects”.

Published in The Express Tribune, 29th November, 2017