Reported Earlier, Itron To Provide Its Advanced Metering Infrastructure To Modernize Electrical Distribution System In Bangladesh
Portfolio Pulse from Benzinga Newsdesk
Itron, Inc. (ITRI) has been selected by the Bangladesh Rural Electrification Board to provide its advanced metering infrastructure solutions. This initiative aims to modernize the electrical distribution system in Bangladesh, enhancing operational efficiency and customer service.
April 10, 2024 | 5:30 am
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Itron, Inc. is set to provide advanced metering infrastructure solutions in Bangladesh, aiming to modernize the electrical distribution system and improve efficiency and customer service.
The partnership with the Bangladesh Rural Electrification Board is a significant development for Itron, indicating potential growth in international markets and a positive impact on its business operations. This project not only showcases Itron's capabilities in advanced metering infrastructure but also aligns with global trends towards modernizing electrical distribution systems. The news is likely to be viewed positively by investors, potentially leading to a short-term uptick in Itron's stock price.
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