One Million Households
South Korea's KT concluded the Advanced Electricity Metering development project with Uzbekenergo, Uzbekistan’s power authority, the value of which is about US$1.1 billion, KT said on May 11.
The Asian Development Bank supported the project, which will install smart meters, capable of remote metering, a Meter Data Management System, Customer Relationship Management, and billing system, KT said. The company plans to install the systems in one million households in Samarkand, Jejak, and Buhkara in Uzbekistan, in the next two years and four months, it said.
Lim Tae-sung, general manager of the global project sector of KT, said the project deal is a successful case of KT’s smart energy service, which is one of KT’s five futuristic convergence services. The other services are “Integrated Safety,” “Next Generation Media,” “Life-Enhancing Care,” and “Networked Transportation.”
Furthermore, KT will pursue “synergy between communication and other industries” in all of the five service sectors, he said.
The company will use the Advanced Electricity Metering development project as a starting point for its global establishment in the smart energy sector, it said.