RAK to have water, electricity authority

His Highness Sheikh Saud Bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, has issued Amiri decree No. (4) of 2013 establishing the Ras Al Khaimah Electricity and Water Authority (RAKEWA). According to the decree, the new government entity shall enjoy financial, administrative and legal autonomy and juridical personality. According to its terms of reference, RAKEWA shall regulate ownership, management, operation and maintenance of electricity generation and water desalination plants, water rights, distribution and transport network, electricity transmission and dispatch network and other assets and facilities of the electricity and water sector in the emirate. The authority shall also monitor prices of water and power services sold to consumers to ensure fairness, transparency at all times, make sure that present and future consumer demands from the water and power services are properly met through sustainable planning and development, and ensure that local water and electricity projects are managed and run in consistence with international best practices and existing environmental laws.