Signing the Contract of “Supervision of Advanced Metering Infrastructure Project (FAHAM)”

Signing the Contract of “Supervision of Advanced Metering Infrastructure Project (FAHAM)”

Monenco Iran has recently signed a contract of “Supervision of Advanced Metering Infrastructure Project (FAHAM)”. The main client is Mashhad Electric Distribution Company.

Due to higher electrical energy consumption in Iran than industrial countries, Faham Implementation project was defined in order to optimize the energy consumption. Faham system has a vital role in creating the necessary platform for implementation of smart grid in future.

Accordingly, electric distribution companies have a key role to achieve the defined goals by implementing smart metering, electronic technologies, advanced telecommunications equipment and consumer awareness and collaboration.

Smart meters are a clear demonstration of new ICT infrastructure that has been developed to improve energy efficiency. Smart metering enables consumers to play a key role in electricity market performance.