The Utility Regulation Authority (URA) has commenced the issuance of permanent licences to operate public utility services in the Maldives, marking the first time this has been done. The licences cover essential services such as water, sewerage, electricity, and waste management, which are provided for a fee or on a commercial basis.
Previously, the URA issued temporary operating licences to utility service providers. However, under the Utility Regulatory Authority Act, the authority has now transitioned to granting permanent operating licences. The move reflects a step towards formalising and regulating the utility sector more effectively. The provision of utility services without the appropriate operating licence is now prohibited under the Act.
So far, the URA has issued permanent operating licences to several service providers. The authority has stated that this shift is intended to enhance and expand the delivery of utility services across the country.
Established in 2020, the URA is mandated to regulate public utility services such as water, sewerage, electricity, and waste management under a single framework. By issuing permanent licences, the URA aims to ensure that service providers meet the required operational standards and contribute to the sector’s overall development.
