DEWA strengthens ties with Meydan Group

DEWA strengthens ties with Meydan Group
Dewa's Al Tayer met with the CEO of Meydan Group to discuss project 'cooperation'.
Published: 7 March 2018 - 2 a.m.
By: Oscar Rousseau

The Dubai Electricity and Water Authority (DEWA) has met with property developer Meydan Group and Chinese officials to discuss “cooperation” on a host of projects.

HE Saeed Mohammed Al Tayer, managing director and CEO of Dubai Electricity and Water Authority (DEWA), highlighted the public service infrastructure firm’s support for Meydan Group’s projects.

Al Tayer affirmed DEWA was committed to provide Meydan Group’s ongoing mix of commercial, residential, and mixed use real estate projects with electricity and water. These projects include the $3.2bn Azizi Riviera mega development in Meydan One, and the Meydan One Mall, which is being built for $435m by Italian civil infrastructure giant Salini Impregilo.

READ: DEWA awards $300m contract for H-Station Phase 4

Al Tayer was joined at the meeting by Saeed bin Humaid Al Tayer, chairman and CEO of Meydan Group and Jia Zhiqiang, president of China Electric Power and Technology Co, a subsidiary of government-owned State Grid Corporation of China.

Of “interest” to UAE property contractors, Al Tayer said DEWA wanted to enhance its total electric and water production capacity. Today, it produces 10,200 megawatts of electricity and 470 million gallons of desalinated water per day. He did not disclose how he wanted to “enhance” DEWA’s production capacity, or how they would be of interest to Dubai’s contractors and developers.

DEWA and Meydan Group meet throughout the year to with developers and project partners. These meetings go ahead to support the UAE Vison 2021, which claims to make the country one of the best countries in the world to live and work.  The meetings also form part of plans to assess the future.

Earlier this week, DEWA awarded $237m contract for the construction of a desalination plant in Jebel Ali to Acciona and BESIX. 

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