In 2021, the company deployed a record Dh2.6 billion in capital investment
Corporate3 months ago
Dubai Electricity and Water Authority (DEWA) has completed 87.73 per cent of its project to extend its water transmission network by 36 kilometres across Dubai, at a total cost of about Dh256 million.
The project locations include extensions along Sheikh Mohamed bin Zayed Road and Emirates Road; and connections between the Hassyan Pump Station to Dubai Investments Park and Dubai World Central; from Nakhali Reservoir to Alaweer roundabout alongside the Dubai-Hatta Road and Muhaisnah; and from Margham wells to Dubai Al Ain Road.
The project should be complete by April 2021.
“We use the latest international technologies in the generation, transmission, distribution and control of electricity and water networks, and follow the best international practices in all our projects to increase production and operational efficiency. We have made significant achievements in developing the water network to enhance its efficiency and reliability as well as increase the water flow. This meets the overall development needs, keeps pace with growing demand, and our increases water reserve. These efforts have reduced the losses in water transmission and distribution networks from 42 per cent in 1988 to 5.36 per cent currently. This is one of the lowest scores in the world and compares favourably to North America, where water losses are around 15 per cent,” said Saeed Mohammed Al Tayer, managing director and CEO of Dewa.
Abdullah Obaidullah, executive vice-president of Water & Civil at Dewa, said that the project has two sections. Section A is 11.811 kilometres in total and Section B is 24.03 kilometres in total. The project includes the supply, installation, testing and commissioning of Glass-Reinforced Epoxy (GRE) water pipes (in different diameters), and also precast GRE chambers.
— business@khaleejtimes.com
In 2021, the company deployed a record Dh2.6 billion in capital investment
Corporate3 months ago
Over the past year, Multiply Group has expanded its portfolio through a range of acquisitions, and strategic investments
Corporate3 months ago
Board proposes final cash dividend for 2021 of Dh1.2 billion, bringing total dividends for the year to Dh3.1 billion and delivering on quarterly dividend policy
Corporate3 months ago
Industry leading fleet utilisation and excellent progress on cost efficiency results in full year EBITDA of over $1 billion
Corporate3 months ago
The group's net revenues surpasses Dh3 billion with a year-on-year increase of 49 per cent
Corporate3 months ago
The event highlighted the changes in the project landscape and its evolution in the coming years while also demonstrating the need for gender equity in the project cargo and breakbulk industry
Corporate3 months ago
Accenture will offer its expertise in the fields of AI & Blockchain, Fintech, Metaverse & quantum computing to enrich the summit's content
Corporate3 months ago
Aldar worked with Department of Culture and Tourism - Abu Dhabi and Lavanda to devise a new regulatory framework that enables fully flexible short and medium-term leasing
Corporate3 months ago