Dh22.87 billion spending push for Dewa
Dubai’s utility will boost spending by 11 per cent to more than Dh22.87 billion next year. The rise comes despite a sharp fall in the price of oil since the summer.
Dubai Electricity & Water Authority said Dh8.28bn had been earmarked next year for capital purchases and projects, compared with Dh7.05bn this year.
The utility is racing to keep pace with Dubai’s expanding population and a property boom creating demand for thousands of new power and water connections each year.
It includes a planned increase in production capacity of the power and water desalination plant at K-Station in Jebel Ali.
The production capacity of the electricity and water generation plant at M-Station in Jebel Ali will also be increased. Other projects include building 12 new substations and 272 kilometres of new cables.
Dewa’s installed capacity is 9,656 megawatts of electricity and 2.13 billion litres a day of desalinated water. Peak demand this year for electricity reached 7,233MW.
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Published: December 20, 2014 04:00 AM