Addressing the Oman Water and Power Summit, Richard Menezes, Executive Vice Chairman and Managing Director of UTICO, one of the Middle East's largest Private Utility
and Developer, emphasised the role of the utility developer in creating value for both the government and consumers.
Summary: Private utility
provider UTICO has commissioned a $128 million water and power plant in Ras al-Khaimah (RAK).
Is he attuned to those, who in the midst of this inclement winter, risk debt or ill health to heat their homes while the private utility
companies profit from their discomfort?
Last year, the Cabinet decided to allow private utility
contractors to develop power generation and water desalination projects in the northern emirates, under the supervision of the Federal Electricity and Water Authority (Fewa).
Such a result would be a bunker-buster bomb, not a grenade, and everyone in the region, whether served by a public or a private utility
, would be caught in the blast.
For the last 25 years British people have seen capitalists and business leaders push house prices up to nonsensical levels, therefore mortgages going up, public and private utility
companies making billions of pounds in profit yet still increasing bills massively and fuel prices going through the roof while those companies make billions.
The MPs said they were calling "for a Government-led detailed inquiry into the pricing policies of the private utility
companies to ensure that the consumer can make informed decisions on the provider."
In response, private utility
companies responded with a massive propaganda and misinformation campaign that attacked advocates of municipal power as "un-American," "Bolshevik," and "an unholy alliance of radicals."
Gas Natural is bidding to combine the two companies' electricity and gas networks to form the world's third largest private utility
. Endesa, with a market value more than twice that of Gas Natural, has rejected Gas Natural's offer as hostile.
Three years later an investigation revealed that Tokyo Electric Power, the world's largest private utility
, systematically lied about the appearance of cracks in its reactors during the 80s and 90s.
Three years later, a probe revealed Tokyo Electric Power, the world's largest private utility
, systematically lied about cracks in their reactors during the 1980s and 1990s.
Roscoe has more than 25 years experience in public and private utility
systems focusing on retail water service, most recently serving as the Northern California manager for the California-American Water Company.