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Jordan cuts electricity tariffs in three productive sectors

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rocky
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Jordan cuts electricity tariffs in three productive sectors

Post by rocky on Wed 16 May 2018, 3:31 am

  Jordan cuts electricity tariffs in three productive sectors

















Jordan's energy and mineral sector regulator announced that it will reduce the cost of electricity to three productive sectors to maintain its competitiveness and enhance its contribution to the national economy. 
"The decision comes within the framework of the plan to stimulate economic growth, by reducing the cost of production on the productive sectors, as it is an important engine for development of investment, and in order to help increase rates," the authority said in a statement quoted by Al-Ghad newspaper. Economic growth, creating new jobs, increasing exports, and supporting medical tourism. " 
"The decision covers the sectors of medium industry, telecommunications and private hospitals; the tariff for these sectors was much higher than the normal cost," the statement said.
The Commission noted that "it will be implemented within a three-phase plan for the period between 2018 and 2020. The decision of the Board of Commissioners in its meeting held on 15/5/2018 set a ceiling for the item of fuel price difference on the industrial sector average of 10 fils per kilowatt / Hour, effective 1 June 2018 ". 
He also decided to gradually reduce the electricity tariff for the telecommunications sector in three stages, reaching a rate of tariff in 2020 of about 160 fils per kWh, with effect from 1/7/2018. 
It also decided to gradually reduce the tariff for the private hospitals sector in three stages, reaching a tariff rate in 2020 of about 160 fils per kilowatt-hour, with effect from 1/7/2018.



http://economy-news.net/content.php?id=12328

    Current date/time is Fri 17 Aug 2018, 12:07 pm