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United Arab Emirates: DEWA to Issue Power Plant Tender In Second Half
Publish Date : 15-Jan-2010
Dubai\'s power utility said that it aims to sign its first contract with private investors to generate electricity and water by the end of the first half next year. Dubai Electricity & Water Authority (DEWA) expects to issue a tender for construction of a 1,000 MW power and desal plant in H2 this year and to award a contract in 15 to 18 months from now. DEWA said that it was aiming to attract advisors for its plan to privatise the emirate\'s power generation and water desalination sectors.
Managing Director and CEO of DEWA, said that DEWA would continue to complete its water and power projects while the process of privatisation is implemented. Since the introduction of an Independent requires time for implementation, therefore, DEWA will continue to meet the growing needs and demand for power and desalinated water in Dubai.
