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WZPDCL to boost prepaid meter production to cut import dependency-535972

  State-owned West Zone Power Distribution Company Ltd (WZPDCL) is targeting to manufacture prepaid smart electric meters locally to meet the demand for 35 million units of smart meters. WZPDCL’s manufacturing plant Bangladesh Smart Electrical Co Ltd (BSECO) currently produces around 5,000 meters per day. After the launching of the manufacturing unit jointly with Chinese firm Hexing Electrical Co Ltd the cost of prepaid has come down by nearly 50 per cent. In an interview with the Daily Sun business editor, WZPDCL Managing Director Engr Md Shafique Uddin shared the latest activities of WZPDCL and its plan to expand and improve its services.

WZPDCL to boost prepaid meter production to cut import dependency-535915

WZPDCL to boost prepaid meter production to cut import dependency Around 50pc cost cut possible with local manufacturing: WZPDCL MD Shafique Uddin Shamim Jahangir 14th February, 2021 11:59:46 State-owned West Zone Power Distribution Company Ltd (WZPDCL) is targeting to manufacture prepaid smart electric meters locally to meet the demand for 35 million units of smart meters.  WZPDCL’s manufacturing plant Bangladesh Smart Electrical Co Ltd (BSECO) currently produces around 5,000 meters per day. After the launching of the manufacturing unit jointly with Chinese firm Hexing Electrical Co Ltd the cost of prepaid has come down by nearly 50 per cent. In an interview with the Daily Sun business editor, WZPDCL Managing Director Engr Md Shafique Uddin shared the latest activities of WZPDCL and its plan to expand and improve its services.

Fuel, power companies lose profitability

Most fuel and power stocks registered lower profitability in the first half of the current financial year (FY) due to the pandemic-induced economic slowdown. Firms expect that it will take at least six more months for fuel and power consumption to fully recover from the Covid-19 fallout, enabling them to post higher earnings for their investors. Among the eight fuel and power

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