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FINANCIAL NEWS
DEWA to build clean coal power plant
22 Aug 2013
(MENAFN) Dubai Electricity and Water Authority (DEWA) intends to construct a new clean coal power plant generating 1200 megawatts (MG).
DEWA is still looking for contractors to build the plant, which will be built in two phases generating 600 MG when phase one completes in 2020 and another 600 MG when the phase two completes the following year.
Dubai aims to lessen its dependence on oil and gas to generate power to save it for exports. The emirate has issued its 2030 Integrated Energy Strategy to do so. The plan aims to divide power generated in Dubai on different resources with 71 percent from natural gas, 12 percent from nuclear, 12 percent from coal and 5 percent from solar power by 2030.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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