(MENAFN) Utico plans a 40-megawatt power development project in Ras Al Khaimah, according to the Emirates 24/7
The project, the first of its kind in the UAE, is planned to provide the emirates with sustainability and affordable power to consumers
Richard Menezes, Executive Vice-Chairman of Utico, said: "We hope that this model of development will help the UAE to reduce subsidies and utilise these savings and put them to better use for social and economic development.
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