Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Electricity bill to come in tenant's name  Join our daily free Newsletter

MENAFN - Arab News - 14/04/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) The electricity regulatory commission (erc) announced on sunday new regulations that will guarantee the rights of tenants who are leasing houses from other landlords. it said that the electricity invoice will be issued in the name of the tenant who is actually occupying the apartment.

Rahman al-muhazi'i director general for legal affairs at erc said that 4 new companies will be established to generate power in addition to another company to handle distribution systems.

Erc also unveiled a memorandum of understanding with the saudi electric company (sec) regarding the restructuring of the company's units and operations in order to create separate entities within the sec to serve the objectives of the power grid better

Talking to a local paper mr. al muhazi'i did not give an effective date to tie in the power bill with the actual tenant. but he did say that there are now two forms of power connection agreements. one is for the connection itself and the other for consumption. 'the guidelines for providing the electrical service have been discussed with sec and they will be adopted shortly" he said

'we issued 38 licenses for the various electrical activities and we also issued 19 types of waivers in these activities 13 of which are for power generation plants 5 for multiple production plants and one waiver for a water desalination plant" he said.

He said that the gcc power connection grid has resulted in fewer cases of total power failure. 'the system provides instant support in case of power failure. losses from power failures depend on the size of the power grid and the duration of the power failure but they can range from 100 million dollars for smaller systems to a few billion dollars for larger systems. however countries can now install larger power generators which translate into bigger savings when building new power generating plants" he said.


 


Arab News




  MENA News Headlines
 Apr 1 2015 - India is least E-Commerce Friendly, Says UNCTADKNN India
(MENAFN - KNN India) India is one of the fastest growing e-commerce markets in the world, but the country's online retailing infrastructure is struggling to keep up. According to a new index compiled ...

 Apr 1 2015 - Al Qassimi takes 5th place in 1st leg of Abu Dhabi Desert ChallengeEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) Sheikh Khalid bin Faisal Al Qassimi, Abu Dhabi Racing Chairman, came in 5th overall on the first day of the Abu Dhabi Desert Challenge. Al Qassimi set a ...

 Apr 1 2015 - ADOR storms around Cape HornEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) Abu Dhabi Ocean Racing (ADOR), the emirate's entry in the Volvo Ocean Race (VOR), has safely rounded ocean racing's most treacherous landmark - Cape Horn at the ...

 Apr 1 2015 - Alitalia and Etihad Airways support Expo Milano 2015 'Made Of Italians' programmeEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) As Official Global Carriers of Expo Milano 2015, Alitalia and Etihad Airways will support the upcoming event's 'Made of Italians' programme by offering exclusive ...

 Apr 1 2015 - Abu Dhabi Chamber discuss expanding economic relations with SloveniaEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) The Abu Dhabi Chamber of Commerce and Industry today received a trade delegation from the Republic of Slovenia which included representatives of 30 companies and ...

 Apr 1 2015 - OPEC daily basket price for Tuesday, 31st March 2015Emirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) The price of OPEC's basket of twelve crudes stood at US$51.06 a barrel on Tuesday, compared with US$51.45 the previous day, according to OPEC Secretariat ...

 Apr 1 2015 - Saudi Defense Minister receives two messages from Sudanese PresidentEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) Prince Mohammed bin Salman bin Abdulaziz, Minister of Defense, Chief of Royal Court, and Special Advisor to the Custodian of the Two Holy Mosques, has received ...

 Apr 1 2015 - UAE Banks Federation partners with SWIFT to lead discussion on global financial crime regulationsEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) The Society for Worldwide Interbank Financial Telecommunication, SWIFT, has joined the UAE Banks Federation to bring together senior representatives from ...

 Apr 1 2015 - UAE Ambassador, Somalia's Minister for Higher Education discuss cooperation relationsEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) Mohammed Ahmed Othman Al Hammadi, UAE Ambassador to Somalia, and Somalia's Minister for Higher Education, Khadra Bashir Ali, have discussed ways to boost ...

 Apr 1 2015 - 1000 people of different nationalities including Emiratis registered for smart gate service of GDRFAEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) As many as 1000 people of different nationalities including Emirati citizens have applied at the smart gate service during the Dubai government achievement ...

more...


 






Google

Arab Advisors_12th convergence conf

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help