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Economy
Almotamar Net - The Cabinet approved on Tuesday two draft resolutions on the establishment of the Public Institution for Electric Power Generation and Transmission, and the Public Institution for Electric Power Distribution.

Tuesday, 21-December-2010
Almotamar.net, Saba - The Cabinet approved on Tuesday two draft resolutions on the establishment of the Public Institution for Electric Power Generation and Transmission, and the Public Institution for Electric Power Distribution.

In its meeting chaired by Prime Minister Ali Mujawar, the Cabinet directed to complete the necessary legal procedures for the issuance of the resolutions.

The resolutions comes within the process of restructuring and regulating the electricity sector, according to what came in the Electricity Law No. 1 for 2009, which emphasized the full functional separation of the sector's activities, including the generation, transmission and distribution.

The two resolutions are located in a number of articles, including naming, definitions, construction, goals, functions and terms of the institutions, and their capitals and sources of funding, and management of their activities, and closing provisions.

The Public Institution for Electric Power Generation and Transmission aims to contribute to the achievements of the State's plan for socioeconomic development through improving the quality of services in the area of electric power generation and transmission.

Whereas the Public Institution for Electric Power Distribution aims to ensure the distribution of the electric power with high quality and reliability at the lowest possible cost to meet the needs of energy in all parts of the country, as well as the establishment ,management, operation and maintenance of electrical networks and transmission stations.
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