10 April 2013, Shenzhen, China – ZTE Corporation (“ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a publicly-listed global provider of telecommunications equipment, network solutions and mobile devices, announced today it has won a smart electric meter turnkey project with Angola EDEL (EDEL).
Under the agreement, ZTE will provide complete smart meter solutions to EDEL, including equipment, construction, personnel training and operations and maintenance (O&M). ZTE’s customized smart meter solution supports multiple tariffs and has enriched functionality. It prevents electricity bill arrears, improving management efficiency and reducing operational costs of manual meter reading. The ZTE communications module for this project includes a power line carrier, which supports remote centralized meter reading.
The project is intended to solve problems such as electricity bill arrears, time-consuming manual meter reading and electricity theft, and improving EDEL’s management efficiency and reducing its O&M costs.
"As a reliable partner of the electrical power industry, ZTE provides complete smart grid solutions,” said Wang Yiwen, CTO of ZTE Government and Enterprise Network in the Middle East and Africa. “We are proud of the recent partnership with EDEL because it illustrates how ZTE’s technology is green, reliable, and efficient.”
EDEL is responsible for electricity distribution and supply in Angola’s capital, Luanda, and has a 65 per cent market share.
ZTE provides flexible energy products in infrastructure-related industries across the globe, such as electrical power, petroleum, mining, and coal. Its aim is to create green, reliable, interactive, efficient, and smart energy solutions. ZTE has deployed comprehensive smart energy solutions for over 100 industrial customers across 50 countries and regions across the globe.