Japan's Tokyo Electric Power plans to install about 17 million "smart meters" in customer households by March 2019 in a bid to increase efficiency, a report said Sunday.TEPCO, the operator of the crippled Fukushima nuclear plant, will solicit bids from Japanese and foreign companies, forgoing its usual practice of going through a group supplier, the Nikkei newspaper said.
The total investment is estimated to reach around 200 billion yen ($2.6 billion), with the utility hoping to keep the price of the meter to about 10,000 yen ($130) per unit, the business daily said.
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