On January 21, national energy provider JPS signed a contract with the World Bank, and Impact Lab, which operates out of the University of Chicago, USA to develop an analytical application tool that will help to detect electricity theft. The contract is worth US$60,000 or roughly J$6.9M, and represents a grant of US$40,000 from the World Bank, with the remainder being the JPS’ contribution to the effort. The World Bank will operate through the Impact Lab, whose personnel will work alongside JPS teams, to ensure the suitability of the application, for the Jamaican environment.
A pilot phase of the implementation of the application will commence by the end of the first quarter of 2015.
Last year, JPS lost over US$18M due to fuel costs the company could not recover as a result of electricity theft. This, despite several initiatives to stem this scourge.
Posted By :Audrey Williams
Company Name : Jamaica Public Service Company Limited
Company Address : 6 Knutsford Boulevard
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