Nuri Telecom Signs Business Agreement with Yongin City for Home Smart Power Platform Project

[Asia Economy Reporter Hyungsoo Park] Nuritelecom announced on the 12th that it signed a business agreement with Yongin City on the 11th regarding the home smart power platform project.

Nuritelecom was selected last year as the builder of the home smart power platform. It is accepting applications for free smart meter installation from apartment resident representatives nationwide to replace smart meters free of charge in 400,000 households across the country.

Attendees at the agreement ceremony included Baek Gun-gi, Mayor of Yongin, Lee Chang-hoon, Secretary General of the Korea Smart Grid Business Group, Kim Kwang-soo, President of the Yongin Apartment Association, Lee Young-ik, Manager of the Power Infrastructure Center, the dedicated institution, and Kim Young-duk, CEO of Nuritelecom.

Nuritelecom will replace old meters with intelligent smart meters in 60,000 apartment households within Yongin City. The Yongin Apartment Association will select the target sites, and Yongin City will support resident promotion to install the home smart power platform in apartment complexes within the city.

Nuritelecom, as the project implementer, is responsible for supplying and installing the smart meters. 50% of the installation costs will be supported by national funds, and the remaining 50% will be borne by Nuritelecom as the project implementer.

This content was produced with the assistance of AI translation services.