DEWA powering ahead with projects in 2013
DEWA (Dubai Electricity and Water Authority) says that its 2013 $3.8 billion budget will help it meet the demands of projects planned in Dubai, such as the Muhammed Bin Rashid City megaproject. Saeed Mohammed Al Tayer, CEO of DEWA, said that $330 million will be spent on capital projects and capital purchases in the emirate. […]
DEWA’s capital expenditure will meet the demands of Dubai’s megaprojects
DEWA (Dubai Electricity and Water Authority) says that its 2013 $3.8 billion budget will help it meet the demands of projects planned in Dubai, such as the Muhammed Bin Rashid City megaproject.
“[The budget] which comprises $55 million for 132 KV cable laying circuits at various locations in Dubai and other works for electricity transmission system in addition to $13 million for installation of distribution substation equipment and low voltage cables,” He said. “An amount of $76 million will be for developing water transmission and distribution network in various parts of Dubai and $153 million is for purchase of cables and accessories, switchgear, transformers, pipes etc besides other items relating to capital projects and capital purchases, in addition to $32 million as administration capital budget.”
Al Tayer said the total combined production capacity at the end of 2012 was 9,646 MW of electricity and 470 MIGD of water: “During the last year the peak power load reached 6637 MW with a reserve margin exceeding 3000 MW. On the other hand, the peak demand for water during 2012 was 285 MIGD with a reserve margin estimated at 185 MIGD of water.”
He added: “These reserve margins will contribute to the fulfillment of the power and water requirements of the recently announced prestigious mega-development projects, such as the Mohammed Bin Rashid Garden City project among others,” he added. “Additionally, these important strategic reserves will meet the future electricity and water needs of various economic, commercial, tourism, industrial and urban sectors.”
