The work will cost Rs 10 crore, out of which Rs 3 crore will be spent for installation and RS 7 crore would be the cost of the meters, KMC Mayor Sovan Chatterjee said.
A total 300 million gallons of piped water is supplied by KMC per day but 30 per cent of it is wasted due to leakage and other reasons, he said.
The flow meters will identify where the leakages are and where the water is flowing out.
"Even if we can plug 10 per cent of the water wasted, the shortage of piped water in the city can be reduced to a great extent," he said.
KMC budget allocation for supplying filtered water to the city is a hefty RS 250 crore.