More
    HomeTopicsEnergyDelgaz Grid completes investment of over 56 million RON in smart metering...

    Delgaz Grid completes investment of over 56 million RON in smart metering in Iași

    Published on

    spot_img

    Delgaz Grid has completed an investment of over 56 million RON for smart metering for customers in Iași. Over 10,000 smart meters have been installed by the company. The distribution network has been modernized by replacing approximately 8.8 km of cables and over 1,800 electrical panels.

    Consumers will benefit from increased service quality through more efficient energy management facilities, but also by improving the degree of continuity of electricity distribution following the successful completion, this month, of a large project supported by European funds, within which smart metering and network modernization works were carried out, operated by Delgaz Grid in the Nicolina, Frumoasa and CUG areas.

    Delgaz Grid currently has around 425,000 smart meters installed, of which over 300,000 are integrated into a smart metering system.

    In the coming years, another around 900,000 smart meters will be installed at consumers following two ongoing projects financed by the Modernization Fund, totalling around 626 million RON, of which around 433 million RON is non-reimbursable financing.

    By 2029, around 1.4 million meters will be in operation, which means that around 85 percent of Delgaz Grid customers will benefit from smart metering.

    spot_img

    Latest articles

    Raiffeisen Bank rejoins the Bucharest Stock Exchange trading system as participant

    The Bucharest Stock Exchange (BVB) officially welcomed Raiffeisen Bank as a Participant in the...

    VERBUND Green Power and Nordex Group sign agreement for supply of wind turbines

    VERBUND Green Power, the international renewable energy subsidiary of energy company VERBUND, has entered...

    Accenture: 91 percent of European business leaders expect revenue growth in 2026, driven by accelerating AI investment

    91 percent of business leaders across Europe expect revenue growth in 2026, amid accelerating...

    CMS advises CCE on sale of landmark Horia 2 solar project to Renalfa Solarpro Group

    CMS has advised CCE on the sale of Horia Solar Invest Two S.R.L., a...

    More like this

    Raiffeisen Bank rejoins the Bucharest Stock Exchange trading system as participant

    The Bucharest Stock Exchange (BVB) officially welcomed Raiffeisen Bank as a Participant in the...

    VERBUND Green Power and Nordex Group sign agreement for supply of wind turbines

    VERBUND Green Power, the international renewable energy subsidiary of energy company VERBUND, has entered...

    Accenture: 91 percent of European business leaders expect revenue growth in 2026, driven by accelerating AI investment

    91 percent of business leaders across Europe expect revenue growth in 2026, amid accelerating...