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UAE Business: Abu Dhabi sets $13.6bn revenue limit for utility project operators - Vimarsana News

UAE Business: Abu Dhabi sets $13.6bn revenue limit for utility project operators

Abu Dhabi Department of Energy (DoE) has issued the

Abu Dhabi sets $13.6bn revenue limit for utility project operators - Vimarsana News

Abu Dhabi sets $13.6bn revenue limit for utility project operators

Abu Dhabi Department of Energy has issued the second regulatory control for water, electricity and wastewater sector operators, which sets the revenue limit at AED50 billion ($13.6 billion) for January 2023 to December 2026 to ensure operator efficiency.

Emirates News Agency - Abu Dhabi Department of Energy sets revenue limits for water, wastewater and electricity sector operators - Vimarsana News

Emirates News Agency - Abu Dhabi Department of Energy sets revenue limits for water, wastewater and electricity sector operators

ABU DHABI, 13th July, 2023 (WAM) -- Abu Dhabi Department of Energy (DoE) has issued the Second Regulatory Control for water, wastewater and electricity sector operators, which sets the revenue limit at AED 50 billion for January 2023 to December 2026, to ensure operator efficiency and strengthen regulatory framework.Those controls will apply on each of the following companies: Abu Dhabi Distribution Company (ADDC), Al Ain Distribution Company (AADC), Abu Dhabi Transmission & Despatch Company (TRANSCO), and Abu Dhabi Sustainable Water Solutions Company (ADSWSC), previously known...

Source: wam.ae