As stated by the ADB, the proposed program will contribute to the government's program to improve demand-side management and energy conservation by installing prepaid gas meters for all domestic customers by December 2023 and improve operational performance of the gas distribution companies, focusing on the government's priority areas of Greater Dhaka and Chittagong.
Installation of prepaid gas meters is expected to (i) reduce system losses through saving of gas by preventing gas wastage, (ii) build up awareness among customers to use gas more efficiently, (iii) improve financial health of gas distribution companies by earning revenues in advance and reducing billing, collection, and monitoring cost, (iv) improve management efficiency and enhance customer service of gas distribution companies, (v) prevent accident due to gas leakage in internal pipelines, and (vi) help meet the national climate target by reducing carbon emissions by gas savings.
The ADB categorized the risk of the project as follows:
The Republic of Korea e-Asia and Knowledge Partnership Fund, fully administered by the ADB, will provide US$ 0.75 million as technical assistance funds.
ADB Team Leaders:
Atsumasa Sakai - Senior Energy Specialist
David Morgado - Senior Energy Specialist
No contacts provided at the time of disclosure.
Executing Agency - Energy & Mineral Resources Division, MOPEMR:
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