EU provides technical assistance to Jordanian electricity sector
24 June 2004 - The Electricity Regulatory Commission (ERC) and multinational consultant Atos Origin, formerly SchlumbergerSema, in consortium with Nexant Inc. and local partner Talal Abu Ghazaleh Organisation on Tuesday signed a €3.7m ($4.5m) technical assistance contract in the framework of an EU-funded programme to support Jordan's regulatory reform and liberalisation drive.
The contract is part of an overall €4.3m assistance granted by the European Union to the ERC.
ERC Director General Rashad Aburas said the main objective of the agreement was to develop effective regulatory mechanisms in line with the best international practices, strengthen the capacity of the State to promote effective private sectors participation in the power sector in a consistent and transparent manner, and to increase competition in the power sector.
The Head of the European Commission Delegation to Jordan, Ambassador Robert van der Meulen, said the technical assistance was part of EU efforts to help the Jordanian government ensure that, as liberalisation takes place, public monopolies are not replaced by private monopolies.
A more efficient regulatory body in the electricity sector will help ensure that Jordanian citizens enjoy better quality services at competitive prices, van der Meulen said.
The technical assistance contract awarded for the ERC comes within the framework of the 20-million-euro Support for Regulatory Reform and Privatisation programme, funded by the European Commission.
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