Safaricom eyes revenue share in smart meter plan for Kenya Power

Safaricom is looking to earn KES 53.5 billion from installing smart electricity meters for Kenya Power’s large consumers in a deal aimed at curbing power theft and leakages and fixing weaknesses on the utility firm’s transmission network, Business Daily reported. The operator is proposing to install a KES 31 billion intelligent system that will connect 330,300 electricity meters to a central location and track electricity use, power outages and load on transformers as well as to read meters remotely.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need. Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions Remember me We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.

Stay in the Know!

Sign up for the latest news and information on African Companies and Economy.

By signing up, you agree to receive MoneyInAfrica offers, promotions and other commercial messages. You may unsubscribe at any time.

Leave a Reply