The Project will enable the Company to address the above outlined issues and improve its electricity distribution services by financing priority investments for the rehabilitation and modernisation of the metering system and strengthening of the network. The Project will include the installation of modern electricity meters and automatic control systems, strengthening the capacity and efficiency of transformers, and distribution lines aimed at reducing distribution network losses and increasing energy efficiency. The Project will result in increased energy efficiency, a reduction in losses, and improvements in reliability of power supply. This will stimulate the process of commercialisation of Company’s operations and increase transparency, thus supporting the sector reforms and having a significant demonstration effect in the country.