Safaricom #ticker:SCOM is set to earn Sh53.5 billion for installing smart electricity meters to 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.
The telco is planning to install a Sh31 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 read meters remotely.
