Federal Minister for Power Awais Ahmed Khan Leghari announced on Monday that the cost of smart electricity meters for power distribution companies has been reduced by up to 40 percent, a move expected to deliver major financial savings at the national level.
In an official statement, the minister said the price reduction would generate estimated annual savings of around Rs150 billion. He attributed the development to transparent, competitive procurement practices aligned with international standards.
Leghari said the cost of a three-phase smart meter has dropped sharply from about Rs45,000 to nearly Rs25,000, bringing it close to the price of a conventional three-phase meter. He added that the price of a single-phase smart meter has also fallen by approximately Rs7,000. The revised prices do not include applicable taxes.
Minister for Power Sardar Awais Ahmed Khan Leghari says prices of smart meters for power distribution companies have been reduced by up to 40 percent, estimating annual savings of 150 billion rupees@MoWP15 #News #RadioPakistan https://t.co/s9ZlH5owfu
— Radio Pakistan (@RadioPakistan) December 15, 2025The minister explained that improved planning by the Power Division, along with regulatory reforms introduced by the Pakistan Engineering Council, encouraged strong participation from international suppliers. These changes helped remove barriers to entry and fostered a more competitive market.
He noted that bulk procurement of smart meters by all power distribution companies played a critical role in lowering prices. Larger orders reduced raw material and supply chain costs, which directly translated into lower unit prices.
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Leghari said continuous monitoring of procurement processes and the introduction of clear technical and performance standards further contributed to the decline in prices.
According to the minister, the projected annual savings of Rs150 billion are based on replacing defective and outdated meters across the distribution network. He added that installing new smart meters would provide additional financial relief to electricity consumers, particularly by lowering costs reflected in demand notices for new connections.
