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

    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.

    Latest articles

    Deutsche Bank’s Technology Centre in Romania doubles its workforce over the past five years, aims to hire 200 specialists in 2026

    DB Global Technology, Deutsche Bank’s technology centre in Romania, has doubled in size over...

    IULIUS to invest 9 million euros in refurbishing the Iulius Mall Iasi shopping center

    Companies IULIUS and Atterbury Europe are allocating 9 million Euro to revamp Iulius Mall...

    Patria Bank strengthens partnership with Alive Capital by financing renewable energy infrastructure

    Patria Bank announces the signing of a renewable energy supply agreement with Alive Capital,...

    Cristian Pîrvulescu, ENEVO: “Energy transition enters new phase focused on grids, digitalization and cybersecurity”

    The energy transition has moved beyond simply installing renewable generation capacity and is entering...

    More like this

    Deutsche Bank’s Technology Centre in Romania doubles its workforce over the past five years, aims to hire 200 specialists in 2026

    DB Global Technology, Deutsche Bank’s technology centre in Romania, has doubled in size over...

    IULIUS to invest 9 million euros in refurbishing the Iulius Mall Iasi shopping center

    Companies IULIUS and Atterbury Europe are allocating 9 million Euro to revamp Iulius Mall...

    Patria Bank strengthens partnership with Alive Capital by financing renewable energy infrastructure

    Patria Bank announces the signing of a renewable energy supply agreement with Alive Capital,...