Friday, 20 October 2017 07:09 GMT
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UAE's Utico plans power project in RAK

(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.
UAE's Utico plans power project in RAK