Introduction of automated electricity metering systems in Armenia
Armenia

Introduction of automated electricity metering systems in Armenia

Industry:
Energy
Financing type:
Investment
Year:
2022
Status:
Current
$30m
Project amount

Project overview

EDB financing for automated metering systems is expected to substantially reduce electricity losses in Armenia's networks and improve energy efficiency. The EDB is providing US$30 million for this purpose under a loan agreement.

Development impact

up to 100 k
metering devices per year
30 m US$
EDB financing
up to 300
new jobs
100 % EDB
financing structure