VOL. XLIV

No. 21

21-May-2001

UAE

UAE To Form Federal Electricity Grid Company

A committee mandated to develop a project to set up an electricity grid covering the whole of the UAE on 13 May announced plans for the formation of a public company to be called the Emirates Electricity Grid Company. A license will be granted by the Ministry of Economy and Trade after the allocation of shares to local electricity authorities and departments at the next meeting of the committee. The company, which will...