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FINANCIAL NEWS
DEWA says Dubai has 30% electricity surplus
28 Apr 2012
(MENAFN) Dubai Electricity and Water Authority (Dewa) reported a 30 percent surplus of electricity in Dubai, Gulf News reported.
Shaikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai and President of Dewa said
That Dubai has a 30 per cent energy surplus and the completion of the M station for power generation and water desalination plant in Jebel Ali, will increase the power generation capacity in the UAE.
The station at Jebel Ali, which costs more than USD2.7 billion, will have a production capacity of 2,000MW and produce 140 million gallons of desalinated water per day.
M station’s is expected to reach full production capacity at 10,000 megawatts this year after being fully commissioned.
Saeed Al Tayer, CEO and managing director of Dewa said that Dewa has enough reserves of electricity and water until 2020.
The M station will also increase the power generation capacity from 8,700 megawatts to 9,600 megawatts, while desalinated water capacity would increase to 470 million gallons per day, compared to 330 million gallons per day last year, he added.
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