Dubai’s DEWA appoints advisors for Hassyan water project – Dubai Dubai Electricity & Water Authority (DEWA) has appointed a consortium of companies as advisors on its Hassyan Sea Water Reverse Osmosis (SWRO) project which aims to produce 120 million imperial gallons per day (MIGD). Ernst & Young, CMS, and WSP have been hired for the project which is DEWA’s first independent water producer (IWP) model venture. DEWA adopted the system for the Hassyan desalination plant following the success of the independent power producer (IPP) model at the Mohammed bin Rashid Al […] Dubai’s DEWA appoints advisors for Hassyan water project – DubaiDME GmbH2019-05-29T15:05:46+02:00
EGA’s GAC secures $750 million loan, Guinea’s largest greenfield mining project financing ever and a step forward for country’s economy – United Arab Emirates United Arab Emirates: Emirates Global Aluminium (EGA), the largest industrial company in the United Arab Emirates outside oil and gas, today announced that its wholly-owned subsidiary Guinea Alumina Corporation (GAC) has successfully closed the Republic of Guinea’s largest-ever project financing for a greenfield mining project, in a step forward for EGA’s bauxite mining project and for Guinea’s economy. The $750 million loan has a tenor of 12 to 14 years and was extended by development finance institutions, export credit agencies and international commercial banks. EGA’s GAC secures $750 million loan, Guinea’s largest greenfield mining project financing ever and a step forward for country’s economy – United Arab EmiratesDME GmbH2019-05-28T14:49:52+02:00
Spanish-Chinese consortium lands $700mln deal for UAE desalination plant – UAE Spain’s Abengoa announced on Monday that it has received an order, as part of a consortium with Chinese EPC contractor Sepco III, to start work on a 909,000 cubic metres per day (m3/day) desalination plant in Taweelah in the United Arab Emirates (UAE). In a stock exchange filing, the Spanish engineering and construction firm said the desalination project is valued at more than $700 million, with the company’s share being approximately $243 million over the next three years. In November last year, […] Spanish-Chinese consortium lands $700mln deal for UAE desalination plant – UAEDME GmbH2019-05-13T15:34:32+02:00
Dubai completes $3.18bn M-Station expansion project – Dubai Dubai Electricity and Water Authority (Dewa) has announced the completion of the M-Station expansion project in Jebel Ali, the largest power generation and water desalination plant in the UAE, at a total investment of Dh11.7 billion ($3.18 billion) in co-ordination with German technology major Siemens. It was inaugurated by HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance, and President of Dewa, in the presence of senior Dewa officials including its managing director and chief executive officer Saeed Mohammed […] Dubai completes $3.18bn M-Station expansion project – DubaiDME GmbH2019-05-09T11:12:59+02:00
Dubai’s M-Station extension project with capacity of 2.8GW and 140MIPD – Dubai The M-Station extension project in Jebel Ali, the largest power and water desalination plant in the UAE, has been inaugurated. The Dh1.527bn extension project added new generating units with a capacity of 700MW. The project brings the total production capacity of the plant to 2,885 megawatts (MW) and 140 million gallons of desalinated water per day with the total cost of M-station reaching Dh11.669bn. (LINK). Dubai’s M-Station extension project with capacity of 2.8GW and 140MIPD – DubaiDME GmbH2019-04-30T13:04:04+02:00
Sheikh Mohammed allocates $1.6bn for Northern Emirates power projects – United Arab Emirates Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, on Wednesday announced the allocation of AED5.8 billion ($1.58 billion) for water and electricity projects in the northern emirates. Sheikh Mohammed also approved a AED2.4 billion project to build dams and a federal water network that connects the water resources of the northern emirates with that of Abu Dhabi and Dubai, state news agency WAM reported. (LINK). Sheikh Mohammed allocates $1.6bn for Northern Emirates power projects – United Arab EmiratesDME GmbH2019-03-23T05:50:49+01:00
GCC tops global water desalination capacity, Sewa chief – Abu Dhabi GCC countries have the highest water desalination capacity of 81 per cent in the world while running production of around 40 per cent of total global water desalination,“ said a top official of Sharjah Electricity and Water Authority (Sewa). „This explains, on one hand, the development of 289 desalination plants on the shores of the Arabian Gulf, the Red Sea and the Arabian Sea,“ remarked Dr Engineer Rashid Al Leem, the chairman of Sewa. (LINK). GCC tops global water desalination capacity, Sewa chief – Abu DhabiDME GmbH2019-03-11T22:41:34+01:00
UAE spending $1.57bn on power and water projects in Northern Emirates – UAE The UAE has announced that it is allocating $1.57 billion for several water and power projects in the northern emirates. The announcement was made by HH Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai. In addition, Sheikh Mohammed approved a $654 million project to build dams and a federal water network that will connect water resources in the northern emirates to Dubai and Abu Dhabi. He approved plans to build […] UAE spending $1.57bn on power and water projects in Northern Emirates – UAEDME GmbH2019-03-11T09:07:36+01:00
Dubai at full throttle – Dubai Dubai has changed dramatically over the past three decades, becoming a major business centre with a more dynamic and diversified economy. Its excellent infrastructure, international outlook and liberal government policies are attracting investors in a big way. Paramount to Dubai’s ambition to be a leading global metropolis is reliable power and utilities, which deliver efficiency, flexibility, reliability at a reasonable cost and size. Dubai’s state-of-the-art utilities are led by H.E. Saeed Mohammed Al Tayer, Managing Director and CEO of […] Dubai at full throttle – DubaiDME GmbH2019-03-09T14:16:47+01:00
UAE tops region in desalination projects with $1.3bln investment – UAE The UAE is leading the region in establishing desalination plants with an investment value of Dh4.75 billion ($1.3 billion), distributed over two desalination plants operating by reverse osmosis system across the region, said a report by BNC, the research and business networking company. The major projects include Taweelah plant in Abu Dhabi, scheduled to be completed in the the fourth quarter of 2022, and the plant at Jebel Ali in Dubai, scheduled to be completed by the second quarter of next year, stated the report […] UAE tops region in desalination projects with $1.3bln investment – UAEDME GmbH2019-02-24T08:14:50+01:00