Sri Lanka to Install 300,000 Smart Meters Under Time-of-Use Billing Project

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Sri Lanka’s Cabinet has approved a two-year project to install 300,000 smart electricity meters equipped with a Time-of-Use (TOU) billing system as part of efforts to modernise the country’s electricity grid and support renewable energy development. The project will utilise US$12.5 million from a US$15 million loan facility provided through the Asian Development Bank’s concessional […]

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