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FINANCIAL NEWS
Dubai’s DEWA launches USD29m substation
20 May 2013
(MENAFN) Dubai Electricity and Water Authority (DEWA) MD and CEO, HE Saeed Al Tayer, announced that the utility has opened a substation in Dubai Marina valued at USD29 million, reported Arabian Business.
Al Tayer added that the facility, part of the authority’s strategy to meet rising energy demand in the emirate, has a capacity of 150 megavolt amperes.
He said that DEWA has extended a further 320 meters of 132 kV ground cables to link the new 132/11 kV facility to the main distribution station at The Palm Jumeirah, and the distribution station in Jebel Ali.
It is worth noting that last year; the capacity of DEWA grew by over 10 percent.
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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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