No plans to privatise utilities in Dubai
Dubai has no plans to privatise key utilities, according to the head of DEWA
Click here to add Dubai Electricity as an alert
Disable alert for Dubai Electricity,
Click here to add Dubai Electricity and Water Authority as an alert
Disable alert for Dubai Electricity and Wate ...,
Click here to add Dubai Government as an alert
Disable alert for Dubai Government,
Click here to add Hamdan Bin Rashid Al Maktoum as an alert
Disable alert for Hamdan Bin Rashid Al Maktoum,
Click here to add Saeed Al Tayer as an alert
Disable alert for Saeed Al Tayer,
Click here to add Shaikh Ahmad Bin Saeed Al Maktoum as an alert
Disable alert for Shaikh Ahmad Bin Saeed Al ...,
Click here to add Shaikh Hamdan as an alert
Disable alert for Shaikh Hamdan,
Click here to add Supreme Council of Energy in Dubai as an alert
Disable alert for Supreme Council of Energy ...,
Click here to add US Green Building Council as an alert
Disable alert for US Green Building Council,
Click here to add Water Authority as an alert
Disable alert for Water Authority
The Dubai government has no intention to privatise the electricity and water sector, Shaikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance and President of Dubai Electricity and Water Authority (Dewa), told the media on Tuesday.
“If we allow privatisation for this sector the prices of electricity and water would be more expensive,” Shaikh Hamdan said.
He added that the government is not looking to involve private sector in Dewa’s projects so far.
Shaikh Hamdan spoke at the opening ceremony of the largest public green building in the world at the Al Quoz area in Dubai, in the presence of Shaikh Ahmad Bin Saeed Al Maktoum, Chairman of the Supreme Council of Energy in Dubai, and top government officials and experts.
This sustainable building is platinum LEED certified green building, achieving 98 out of 110 LEED points on the US Green Building Council’s LEED NC rating System Scale.
“Dubai government has a clear target to support the initiative of green economy for sustainable development.”
Saeed Al Tayer, MD and CEO of Dewa, said that finding such energy-efficient renewable solutions will encourage reduction in energy consumption, which in turn will protect the environment and achieve sustainable development for generations to come.
The new project will achieve an energy performance efficiency level of over 66 per cent by providing additional insulation in its walls and roof. Special glass has been installed to reduce heat transfer into the building, while highly-efficient water-cooled chillers cut down energy consumption. The building uses low-powered LED lights and automatic lighting control systems with occupancy sensors. In addition, renewable energy is available through an on-site 660 kW solar power plant, thereby reducing the building’s carbon footprint even further.
- Al Tayer bucks the US department store trend with Bloomingdale's Kuwait opening
- Gulf Islamic banks set to outperform conventional banks for second year: Moody's
- Jordan secures EU finance for socioeconomic and environmental programs
- Same-day service deliveries in GCC an untapped market: Wing CEO
- Will terror attacks damper Arabs' appetite for European holidays?
- Emaar forms joint venture with UK-based united utilities for utility infrastructure management
- Business in Dubai hails freeze on utility prices
- Palm Utilities deploys Oracle Utilities Customer Care and Billing to support expanding business operations
- Dubai utility company to launch e-business platform
- Dubai Schools Cut Down Their Consumption of Electricity and Water