Procurement News Notice

PNN 20769
Work Detail Dubai Electricity and Water Authority (DEWA) is participating in the Annual Investment Meeting (AIM) 2019, which is organised by the Ministry of Economy, from 8-10 April 2019 at the Dubai World Trade Centre. This is part of DEWA’s strategy to support the vision of the wise leadership to make the UAE a key centre for global economy, and strengthen Dubai’s position as a preferred destination for investors. At AIM, DEWA is showing its key projects and initiatives to provide a robust infrastructure that enhances Dubai’s business environment as well as its Independent Power Producer (IPP) projects at the Mohammed bin Rashid Al Maktoum Solar Park, the worlds largest solar power project, with a generation capacity of 5,000 megawatts by 2030 and total investments of AED 50 billion. "The UAE has become the worlds preferred investment destination, thanks to the vision of the wise leadership that provides all the necessary facilities for investors in a legislative environment that attracts investments. In Dubai, we work in line with the directives of the wise leadership to provide a robust infrastructure for electricity and water to enhance the business environment. The UAE, represented by DEWA, came first for the second consecutive year for Getting Electricity, as per the World Bank’s Doing Business 2019 report," said HE Saeed Mohammed Al Tayer, MD & CEO of DEWA. “The Eight Principles of governance in Dubai, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, show that Dubai is a global hub that focuses on creating economic opportunities. Dubai’s growth is driven by three factors: a credible, resilient and excellent government; an active, fair and open private sector; and public and government-owned flagship companies that competes globally and moves the economy locally. At DEWA, we work in line with these principles in the solar power projects implemented that use the IPP model. Through this model, we achieved several world records in solar electricity prices through competitive bids that contributed to reducing its costs globally and attracted large investments to the UAE from the private sector and foreign banks. Since its inception, the Mohammed bin Rashid Al Maktoum Solar Park’s projects have received considerable attention from global developers. This reflects the confidence of financial institutions in the major projects adopted by the Government of Dubai, especially in light of the regulatory framework that stimulates innovation and attracts investments and the transparency we deal with in all our projects, as well as DEWA’s strong financial position,” added Al Tayer. At its stand (B-40) in Hall 6, DEWA displays a model of the Green Charger for electric vehicles. DEWA has built over 200 Green Chargers across Dubai. DEWA is also displaying a model of the smart grid station (SGS) which highlights the Smart City model through three concepts: smart office, smart building, and smart factory. DEWA’s stand also features a model of its new headquarters named Al-Sheraa, which will be the tallest, largest, and smartest government net zero-energy building in the world. DEWA is also highlighting its Shams Dubai initiative to connect solar panels on buildings to the electricity grid. So far, DEWA has connected 1,267 sites with a total capacity of 81.3MW. The 9th AIM is expected to attract over 20,000 visitors, 150 delegates, and 450 exhibitors from 150 countries around the world. The programme includes lectures, panel discussion, and workshops by leading business leaders and economists.
Country United Arab Emirates , Western Asia

Work Detail

Dubai Electricity and Water Authority (DEWA) is participating in the Annual Investment Meeting (AIM) 2019, which is organised by the Ministry of Economy, from 8-10 April 2019 at the Dubai World Trade Centre. This is part of DEWA’s strategy to support the vision of the wise leadership to make the UAE a key centre for global economy, and strengthen Dubai’s position as a preferred destination for investors. At AIM, DEWA is showing its key projects and initiatives to provide a robust infrastructure that enhances Dubai’s business environment as well as its Independent Power Producer (IPP) projects at the Mohammed bin Rashid Al Maktoum Solar Park, the worlds largest solar power project, with a generation capacity of 5,000 megawatts by 2030 and total investments of AED 50 billion. "The UAE has become the worlds preferred investment destination, thanks to the vision of the wise leadership that provides all the necessary facilities for investors in a legislative environment that attracts investments. In Dubai, we work in line with the directives of the wise leadership to provide a robust infrastructure for electricity and water to enhance the business environment. The UAE, represented by DEWA, came first for the second consecutive year for Getting Electricity, as per the World Bank’s Doing Business 2019 report," said HE Saeed Mohammed Al Tayer, MD & CEO of DEWA. “The Eight Principles of governance in Dubai, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, show that Dubai is a global hub that focuses on creating economic opportunities. Dubai’s growth is driven by three factors: a credible, resilient and excellent government; an active, fair and open private sector; and public and government-owned flagship companies that competes globally and moves the economy locally. At DEWA, we work in line with these principles in the solar power projects implemented that use the IPP model. Through this model, we achieved several world records in solar electricity prices through competitive bids that contributed to reducing its costs globally and attracted large investments to the UAE from the private sector and foreign banks. Since its inception, the Mohammed bin Rashid Al Maktoum Solar Park’s projects have received considerable attention from global developers. This reflects the confidence of financial institutions in the major projects adopted by the Government of Dubai, especially in light of the regulatory framework that stimulates innovation and attracts investments and the transparency we deal with in all our projects, as well as DEWA’s strong financial position,” added Al Tayer. At its stand (B-40) in Hall 6, DEWA displays a model of the Green Charger for electric vehicles. DEWA has built over 200 Green Chargers across Dubai. DEWA is also displaying a model of the smart grid station (SGS) which highlights the Smart City model through three concepts: smart office, smart building, and smart factory. DEWA’s stand also features a model of its new headquarters named Al-Sheraa, which will be the tallest, largest, and smartest government net zero-energy building in the world. DEWA is also highlighting its Shams Dubai initiative to connect solar panels on buildings to the electricity grid. So far, DEWA has connected 1,267 sites with a total capacity of 81.3MW. The 9th AIM is expected to attract over 20,000 visitors, 150 delegates, and 450 exhibitors from 150 countries around the world. The programme includes lectures, panel discussion, and workshops by leading business leaders and economists.


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