SAUDI ARABIA

9 Billion SAR Smart Meters Project by Saudi Electricity Company

0
smart meter
smart meter

9 Billion SAR Smart Meters Project by Saudi Electricity Company signed. The Saudi Electricity company signed a local co-financing agreement worth 9 billion Saudi Riyals with 7 major banks in the Kingdom. More details below.

9 Billion SAR Smart Meters Project by Saudi Electricity Company

Fahad Al-Sudairy, CEO of Saudi Electricity Company explained that the financing is part of comapny’s plan to finance it s general purposes and capital projects. And the most important of which is the smart meters project, improving network reliablity and linking new projects.

WHAT IS A SMART METER?

“A smart meter is the next generation of a gas and electricity meter. Smart meters measure how much gas and electricity you’re using, as well as what it’s costing you and display this on a handy in-home display.” The meter reading shows the actual usage and users will known how much will be the cost.

The plan is to install ten million smart meters before the end of March 2021.


More from Riyadh Xpress

Adhaan in Masjid-an-Nabwi | Madinah | World’s Famous Adhaan/Azaan

Elephant Mountain | Al Ula | Saudi Arabia

Al Ula | Fort | Old Town | Discover Saudi Arabia

Stay Safe by following precautionary measures given by the government

  • Free movement with taking care of precautionary measures given by the government. Cautiously we returned to normal life.
  • Staying at home can be very boring if you don’t have anything to do, we have made a list of things to do here.
  • Buy protected mask: Click Here
Riyadh Xpress

Finally, follow Riyadh Xpress’s:

In addition, check out the latest articles by Riyadh Xpress

  • Firstly, King Salman urged the world to respond to the human crises causes by Covid-19: Click Here.
  • Secondly, Social Distancing Measures implemented in supermarkets: Click Here.
  • Thirdly, the latest penalties on Iqama: Click Here.
  • Fourthly, Disabled parking violation/fine in Saudi Arabia: Click Here.
  • Lastly, hackers attack again to get your personal data: Click Here.

Check out the most viewed articles

admin

Saudi Arabia announced 1069 new Coronavirus cases – Total 312,924

Previous article

6 months of multiple tourist visa for Russia from 30th August

Next article

You may also like

Comments

Leave a reply

Your email address will not be published.

More in SAUDI ARABIA