Eltel to install additional 664,000 smart meters in Sweden for SEK 585 million, about EUR 51 million
Eltel's Smart Grids business in Sweden has signed a new contract with Vattenfall Eldistribution AB to install 664,000 new-generation smart electricity meters across the country. The contract is worth SEK 585 million, about EUR 51 million.This contract is an extension of a previous agreement signed in February 2020, where Vattenfall Eldistribution AB decided to utilize the option to order remaining phases of smart electricity meter installations. As a result, throughout the project, Eltel will be installing a total of approximately 900,000 smart electricity meters and technology for about 40,