Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs Jordan

Jordan plans to cut electricity consumption by 20%

byCT Report
05/04/2018
in Jordan
Share on FacebookShare on Twitter

AMMAN:  Deputising for Prime Minister Hani Mulki, Energy Minister Saleh Kharabsheh on Wednesday launched the second national plan to rationalise energy, which aims at lowering electricity consumption by 2,000 gigawatts between 2018 and 2020, with a cost of JD700 million.

Kharabsheh highlighted the importance of the plan in addressing energy challenges, at the top of which is the heavy oil bill that has constituted in some years 18 to 20 per cent of the gross domestic product, five times higher than the international average.

You might also like

Arab Bank Group reports net profits of $846.5 million for 2019

04/02/2020

Payout for Musk as Tesla value tops $100 billion

23/01/2020

The plan is part of the ministry’s endeavours to realise strategic goals of the energy sector to improve energy efficiency and lower consumption by 20 per cent by 2020, Kharabsheh noted.

The minister described the plan as a “national roadmap”, which entails all programmes, projects and measures necessary to be implemented to reach all targeted indicators in cooperation with stakeholders.

The procedures included endorsing the Renewable Energy and Energy Efficiency Law and a bylaw on the criteria for exempting renewable energy resources and their devices, and devices of energy rationalisation from customs fees and, wholly or partly, the sales tax, he added.

Kharabsheh thanked the EU for supporting the plan through providing technical assistance to the renewable energy and energy rationalisation sector.

Representative of the EU Ambassador to Jordan Omar Abu Obeid noted that the funds extended to the Kingdom’s renewable energy sector amounted to 160 million euros, in addition to other forms of support as part of multi-party regional cooperation.

Related Stories

Arab Bank Group reports net profits of $846.5 million for 2019

byadmin
04/02/2020

AMMAN: The Arab Bank Group closed 2019 with a net income of $846.5 million after tax compared with $820.5 million...

Payout for Musk as Tesla value tops $100 billion

byadmin
23/01/2020

Tesla’s market value hit $100 billion for the first time triggering a payout plan that could be worth billions for...

Some banks in northern Lebanon close over angry clients’ demands

byadmin
14/01/2020

Banks in a region of northern Lebanon were closed until further notice the National News Agency (NNA) said, after lenders...

Industrial exports rise by 8.7 per cent in ten months

byadmin
30/12/2019

AMMAN: The value of the country’s industrial exports during the first 10 months of 2019 posted an 8.7 per cent...

Next Post

NAB initiates probe into Billions Trees Tsunami Project

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.