Residents of the Dhaka North City Corporation (DNCC) will be getting Titas Gas pre-paid meters by May this year. Titas Gas' household consumers in the city's Gulshan, Banani, Baridhara, Bashundhara, Badda, Khilkhet, Cantonment, Mirpur, Uttara and adjoining areas will get these meters. Titas Gas Transmission and Distribution Company Ltd on March 16 signed a contract with Japanese firm Toyokeiki Company Ltd (TCL) to install the pre-paid gas meters. Titas Gas took the project to install prepaid meters for 200,000 household consumers in Dhaka city with financial support from the government and Japan International Cooperation Agency (JICA). The government on March 15 formally inaugurated prepaid gas meters for the residential consumers in the capital's Lalmatia and Mohammadpur areas in a bid to reduce wastage of the utility as part of its key plan to ease gas crisis. Under a pilot project, state-run Titas Gas Transmission and Distribution Company Ltd has installed 4,500 prepaid meters in the two areas since May last year at a cost of BDT67 million from its own resources. Titas is now in talks with the Asian Development Bank (ADB) to install another 8,500 prepaid meters in the city. Md Abdul Aziz Khan, managing director of Titas, said the current price of gas for households using a double burner allows the users to burn 87 cubic meters of gas a month at the cost of BDT450. "But we have found that 37 percent of the users under the pilot project are consuming 158 cubic meters of gas a month, while the rest are using less than 87 cubic meters," he added. The price of gas per cubic meter is BDT5.16. The Institute of Information and Communication Technology (IICT) under Bangladesh University of Engineering and Technology (BUET) has developed the meters that cost BDT5,800 each. Titas has now over 15.60 lakh customers. Bangladesh now faces a shortfall of 500 million cubic feet of gas a day (mmcfd) against the demand of over 2,500 mmcfd, according to the state-run Petrobangla.