Home > Abu Dhabi Departments of Energy, Economic Development consider introduction of preferential tariff rates for industrial sector

Abu Dhabi Departments of Energy, Economic Development consider introduction of preferential tariff rates for industrial sector


Source: WAM

The Abu Dhabi Department of Energy and the Department of Economic Development are reviewing the electricity consumption rates of the industrial sector, to establish preferential tariffs based on specific economic criteria.

All segments of the sector will be reviewed, to place suitable tariffs and increase its contribution to the Emirate’s GDP.

In an interview with the Emirates News Agency, WAM, Awaidha Murshed Al Marar, Chairman of the Abu Dhabi Department of Energy, said that the department is supporting programmes that aim to stimulate the industrial sector and investment in Abu Dhabi, and is promoting transparent pricing and the adoption of preferential tariffs, to make the sector more attractive to investors and achieve the integration and diversification of all economic sectors.