Shura Council to Review Key Draft Laws on Power Station Funding and Property Registration
The Financial and Economic Affairs Committee has endorsed a draft law ratifying Bahrain's agreement with the Islamic Development Bank to finance the construction of the New Jasra 400kV Power Station, under Royal Decree No. 86 of 2024.
The project aims to strengthen Bahrain's electricity network, meet rising demand, and maintain high service standards.
The committee emphasized that the law aligns with broader national efforts to ensure reliable power and water supplies, thus supporting the overall quality of life.
Under the financing agreement, the Electricity and Water Authority (EWA) will be responsible for repayment. If EWA fails to meet its obligations, the Government of Bahrain — acting as guarantor — would step in.
However, the committee reassured that EWA has a strong record of fulfilling its financial commitments.
Separately, the Public Utilities and Environment Committee has advised against amending Article 59 of the 2013 Property Registration Law, which proposed exempting low-income citizens from property registration fees when purchasing homes.
While the committee supported the principle behind the proposal, it noted that similar support is already provided through existing legislation.
It also warned that fee exemptions could reduce non-oil revenues — a vital source for funding public services and development projects — especially as Bahrain works to safeguard financial stability under its 2025-2026 budget plans.
Meanwhile, today's Shura session will also feature a question from Dr. Fatima Abduljabbar Al Kooheji directed at the Minister of Education.
Dr. Al Kooheji is seeking details about the ministry's initiatives to prepare students for marriage and family life through educational programs.
The minister's written response is scheduled to be delivered during the session.
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