Pakistan is considering a $2.3 billion project to install 16.2 million smart electricity meters. However, business representatives have raised concerns about the potential financial burden on consumers.
The Private Power and Infrastructure Board (PPIB) recently held discussions with key stakeholders to review the proposal.
Five Power Companies to Receive Smart Meters
The project aims to replace traditional electricity meters with Advanced Metering Infrastructure (AMI).
Five distribution companies could benefit from the initiative. These include LESCO, MEPCO, PESCO, QESCO, and HAZECO.
Smart meters could improve billing accuracy, monitor electricity consumption, and help reduce power losses.
The government plans to implement the project through public-private partnerships.
Business Community Warns of Rs1.4 Trillion Burden
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has raised serious objections.
According to its estimates, consumers could pay approximately Rs1.4 trillion over 12 years under an illustrative financing arrangement.
The federation warned that households might face additional monthly electricity charges without guaranteed improvements.
It demanded an independent financial review before the government proceeds.
Government Plans Smart Meter Pilot Project
PPIB officials said a pilot project could begin in November 2026.
Authorities also prefer local manufacturing to support domestic industries and reduce security risks.
Meanwhile, further meetings will take place in Karachi, Lahore, and Islamabad.
The government has not finalized the technology, financing structure, or procurement arrangements.
FPCCI insists that future payments should depend on verified improvements in electricity distribution.
The proposed project remains under review as officials assess its costs and expected benefits.
