FINANCIAL NEWS

Dubai Dewa accepts USD 6.43mn budget

03 Jan 2016

(MENAFN) Dubai Electricity and Water Authority (Dewa) claimed its budget for this year and will confirm a reliable supply of electricity and water to meet Dubai’s improvement plans in all process.

Moreover, the Dubai utility accepted a whole budget of USD 6.43mn for 2016, compared to USD 6.22mn last year, showing a rise of 3.42 percent.

Dewa also presented strategic projects value more than USD 7.35mn that use the Independent Power Producer (IPP) model to influence Public Private Partnerships (PPP).

In addition, the budget will allow Dewa to adopt the best clean energy technologies through all its process to keep its leading situation nationally and internationally.

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