DEWA to invest AED 1bn in 3 400kV stations

Dubai – Mubasher: The Dubai Electricity and Water Authority (DEWA) announced plans to build three new 400 kilovolt (kV) substations over the next three years, Emirates News Agency (WAM) reported on Saturday.

The total allocated budget for the stations amounts to AED1 billion, it added, noting that the new substations will be added to DEWA’s 21 existing substations.

"DEWA is working in adherence with its strategy of increasing the efficiency of electricity services to support its facilities and future objectives, raise the efficiency and reliability of its infrastructure, and contribute to the economic growth and prosperity of the emirate," WAM said.

Commenting on the announcement DEWA CEO and managing director Saeed Mohammed Al Tayer stated that DEWA’s vision is "to become a sustainable and innovative world-class utility."

Accordingly, it is working on raising the capacity and efficiency of electricity grids "by developing world-class infrastructure to contribute to the sustainable development of the emirate" and providing water and electricity services "at the highest standards of availability, reliability and efficiency."

In 2016, DEWA’s total production capacity reached 10,000 megawatts (MW), while the "peak demand" for electricity grew 4% to 7,982 MW compared to 7,696 MW in 2015.

The three new substations will contribute to bolstering DEWA’s efforts to meet the increasing demand for water and electricity in the emirate of Dubai.

"We have allocated a total investment of AED 65 billion towards Dubai’s energy sector over the next five years, which will play a major role in supporting the growth of a green economy and enhancing the UAE’s level of competitiveness in energy efficiency and energy technologies," WAM reported, citing Al Tayer as saying.

Mubasher Contribution Time: 08-Apr-2017 21:32 (GMT)
Mubasher Last Update Time: 08-Apr-2017 21:32 (GMT)