• Email Us: [email protected]
  • Contact Us: +1 718 874 1545
  • Skip to main content
  • Skip to primary sidebar

Medical Market Report

  • Home
  • All Reports
  • About Us
  • Contact Us

Safaricom confirms $300 million Kenya Power smart meter proposal

September 17, 2021 by David Barret Leave a Comment

September 17, 2021

NAIROBI (Reuters) – Kenyan telecoms operator Safaricom,, said on Friday it had submitted a proposal to Kenya Power for the installation of a $300 million smart meter system at the utility, confirming documents seen by Reuters.

The telecoms firm said in a statement it was now waiting for feedback from the state utility, adding that it would install and operate the smart meter system for eight years before transferring it to Kenya Power.

The state-controlled utility, which is the main power distributor in the East African nation, suffers from annual power system losses of 23.46% on its transmission network, well above the global benchmark of 15%.

The system proposed by Safaricom, will use the Internet of Things, an advanced Internet technology that allows real time monitoring of the grid, to cut the losses by eight percentage points in two years, it said in the documents.

(Reporting by Duncan Miriri; editing by Jason Neely and Alexander Smith)

Source Link Safaricom confirms $300 million Kenya Power smart meter proposal

David Barret
David Barret

Related posts:

  1. Exclusive-Dubai courier Aramex in talks to buy Turkey’s MNG Kargo -sources
  2. UK regulators tell trade finance firms to step up crime controls
  3. Exclusive-Singapore’s ADVANCE.AI raising $200 million from Warburg Pincus-led investors – sources
  4. ECB trims emergency support but insists “no tapering”

Filed Under: News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

  • 400,000-Year-Old Fossil Shows Butchering Elephants Helped Early Humans To Supersize Their Tools
  • Ignore The Nonsense: Here Are The Real Images Of Interstellar Object 3I/ATLAS
  • This Rare Spider Is Half-Female, Half-Male Split Down The Middle – Oh, And A New Species
  • Comet 3I/ATLAS Caught On Camera From Mars Orbit: “This Was A Challenge”
  • JWST Captures Best Image Yet Of A Supergiant Star Before It Went Supernova
  • Isaac Newton’s “Apocalypse Calculations” Predicted A World-Changing Event In 2060
  • 2024-25 Saw The Most US Kids Dying From Flu Since The Swine Flu Pandemic
  • Technology, Tactics, Or Just Toughing It Out: How Exactly Did Neanderthals Take Down Mammoths, Anyway?
  • Nobel Prize In Chemistry Awarded For New Material Breakthrough
  • Interstellar Object 3I/ATLAS May Be A 10-Billion-Year-Old Time Capsule From An Earlier Age Of The Universe
  • Restless Leg Syndrome Might Increase Someone’s Risk Of Parkinson’s Disease
  • Behold! The World’s First Butt-Drag Fossil, Committed By A Rock Hyrax 126,000 Years Ago
  • Norovirus Is Rife On US Cruise Ships – 2025 Hits 18-Year Outbreak High
  • New Species Of Tiny Glowing Lanternshark And Ghost-Like Crab Discovered In Deep Sea
  • Hairy Frog: The Wolverine Frog That Breaks Its Bones To Make Claws When Threatened
  • Move Over, Footballfish – This Deep-Sea Freak Might Just Be The Most Cursed Creature In The Ocean
  • The Strongest Magnetic Field On Earth Is Located In The US. It Measures 1,000,000 Gauss
  • Gold Literally Grows On Christmas Trees In Lapland
  • Meet The Fishing Spiders: Stealthy, Semi-Aquatic Hunters That Can Kill Prey 5 Times Their Size
  • Jupiter-Bound Mission To Snap Interstellar Comet 3I/ATLAS: “This Campaign Was Unexpected For Everybody”
  • Business
  • Health
  • News
  • Science
  • Technology
  • +1 718 874 1545
  • +91 78878 22626
  • [email protected]
Office Address
Prudour Pvt. Ltd. 420 Lexington Avenue Suite 300 New York City, NY 10170.

Powered by Prudour Network

Copyrights © 2025 · Medical Market Report. All Rights Reserved.

Go to mobile version