Managing Director of Fenaka Corporation Limited Muaz Mohamed Rasheed has expressed confidence that smart meters will minimise the concerns of residents pertaining to the increasing electricity bills.
Speaking at the ceremony held to mark the completion of the installation of smart meters in the households of Kudahuvadhoo in Dhaalu Atoll, Managing Director Muaz recalled the persistent concerns of residents regarding the increasing electricity bills. He said that Smart Meter Application will facilitate customers utilising the smart meters, to monitor the daily electricity usage via mobile phones. The managing director further revealed the corporation's overarching goal of upgrading the application in the near future, such that the hourly electricity consumption can be monitored. The application was officiated by the Minister of Climate Change, Environment and Energy Thoriq Ibrahim.
In addition to installing the smart meters in Kudahuvadhoo and all the islands of Dhaalu Atoll, Fenaka is working to install the smart meters in all inhabitant islands of the country. Under these efforts, Fenaka is currently working to install the smart meters in Haa Dhaalu Atoll, Baa Atoll, Meemu Atoll, Faafu Atoll, Thaa Atoll as well as Fuvahmulah City.
The smart meters, which are Chinese products, meet international standards and are utilised by several developed countries. Fenaka is equipped with the necessary resources required to test the smart meters, which meets the standards of the Utility Regulatory Authority (URA).