Energy, Energy Market, Latvia, Markets and Companies

Sadales Tikls held a tender for supply of smart meters and the related equipment and chose RECK company as the winning bidder. The agreement amount is EUR 7.5 mln (VAT exclusive).

It is planned that under the two-year agreement RECK will deliver to Sadales Tikls 200,000 smart meters that will be installed at the customers' facilities across Latvia at the end of this year and in 2018.

"At present smart meters have already been installed at more than 180,000 locations that belong to corporate customers and households. It is planned that altogether 110,000 smart meters will be installed across Latvia this year," said Tatjana Smirnova, a spokeswoman for Sadales Tikls.

The plan is to provide all customers in Latvia with smart meters by 2023.