Energy modernization drive expands in Pakistan
China’s Wasion Holdings Limited has secured smart metering contracts in Pakistan valued at more than RMB115 million, or approximately $16.85 million. The development comes as Pakistan accelerates efforts to modernize its electricity distribution system and reduce long-standing inefficiencies in the power sector.
Moreover, the company stated that its subsidiary, Wasion Group Limited, won bids in April 2026 for smart metering products and related services. It added that the contracts strengthen its growing role in international energy projects and expand its presence in South Asia.
In addition, Wasion highlighted its technical expertise in integrated energy solutions. The company credited its product range and localized service network for supporting its expansion in overseas markets.
At the same time, Pakistan continues to face challenges in its power sector, including electricity losses, theft, and billing inefficiencies. Authorities have identified these issues as major barriers to financial stability and service delivery.
Reforms advance with international partnership
Meanwhile, Pakistan’s Power Division recently signed an agreement with the International Finance Corporation to deploy 10 million smart meters across distribution companies. Under the arrangement, the IFC will act as a transaction advisor and evaluate implementation models, including public-private partnerships.
Furthermore, officials expect smart meters to improve billing accuracy, reduce electricity losses, and enable better monitoring of energy consumption nationwide. The rollout forms part of broader reforms aimed at improving transparency and efficiency in the energy system.
Overall, Wasion Holdings, a major Chinese provider of smart metering and energy management technologies, continues to expand its global footprint through electricity, gas, and water metering solutions.
