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|18 June, 2018

UAE to invest $899mln in electricity networks

The new investments in the electricity sector will be allocated to high-pressure lines

Image used for illustrative purpose. Electricity pylons are seen near cooling towers of South African petrochemical company Sasol's synthetic fuel plant in Secunda, north of Johannesburg, South Africa, May 20, 2018

Image used for illustrative purpose. Electricity pylons are seen near cooling towers of South African petrochemical company Sasol's synthetic fuel plant in Secunda, north of Johannesburg, South Africa, May 20, 2018

REUTERS/Siphiwe Sibeko

Abu Dhabi – The UAE has allocated around AED 3.3 billion to develop domestic power distribution networks, minister of energy and industry Suhail Al Mazrouei said.

The new investments in the electricity sector will be allocated to high-pressure lines, Alroeya newspaper reported, citing Al Mazrouei as saying.

Investments in the power sector will contribute to enhancing domestic transmitting networks, the minister concluded.

Source: Mubasher

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