Energy
DEWA projects under IPP model attracts $10.9 billion
The Dubai Electricity and Water Authority (DEWA) projects envisage a combined generation capacity exceeding 4,000 MWs
Jul 21, 2022 / 2 Min
Photo: DEWA. Courtesy.
The DEWA’s projects in collaboration with the private sector under the Independent Power Producer (IPP) model exceeded 4,000 megawatts (MW), with investments amounting to over AED40 billion ($10.9 billion).
The IPP model has also helped the organisation to save an additional investment of approximately AED26 billion. The savings will allow DEWA to invest in other infrastructure projects.
Source: arabianbusiness.com
