Lahore: Managing Director Water and Sanitation Agency (WASA), M Tanveer in a meeting here on Monday said that Wasa is in the final stages of its plan to install 700,000 Smart Water Meters In Lahore. He revealed that the project will not only save the precious resource of water but will also bring valuable foreign investment to the country. Moreover, the project will save electricity and will create job opportunities. The Rs 11.22 billion projects under public-private partnership would be completed in two years' time and the meter fee will be collected from the consumers in 10 years. The meeting review meeting was attended by DMD Engineering M Manan, Director Admin M Irfan, Director Zeeshan Bilal, Director Sohail Qadir, Director Sufyan Habib, and other officials of Wasa.
Speaking on the occasion the MD Wasa had said that the civic agency intended to install around 711,000 water meters in two years out of which around 50,000 would be installed for commercial purposes. He said that the consumer will be charged with the installation of meter charges at the rate of Rs 170 per month for ten years. He said, “ The new meters will significantly reduce the water bills of all households and hence they will not feel the financial burden of monthly installments.” MD Wasa said that a Chinese Consortium comprising of three companies namely, Wenling Younio Water Meter Company Limited, Jiangsu Xinlang Environmental Company (Private) Limited, and China Energy Engineering Group Jiangsu No.3 Electric Power Construction Company Limited will install the smart meters on Built-Operate-Transfer Basis.
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The Chinese companies will be responsible for the operation, installation, and maintenance of the smart meters for ten years after a span of ten years, the ownership would be transferred to Wasa Lahore. While highlighting the benefits of the water meters the MD Wasa Lahore had said, “Moreover, the meter will compel the users to sensibly use the water, which will help in conserving the precious natural resource. In a nutshell, it will slow down the depletion of our groundwater reservoirs and with a passage of time revitalize them.”