Tawfiq AbuSoud, Managing Director of Drake & Scull Water and Power
Drake & Scull Water and Power (DSWP), a wholly owned subsidiary of Drake & Scull International (DSI), a regional market leader in integrated design, engineering and construction disciplines of Mechanical, Electrical and Plumbing (MEP), Civil Contracting, and Water and Power, secured AED 75 million infrastructure contract for the Construction of a Sewerage project in Al Ain-UAE.
The contract includes the Supply, Erection, Installation, Testing and commissioning of the Mechanical, Electrical and Instrumentation works for two treated sewerage effluent pumping stations, one Bypass station in addition to the associated infrastructure works. The project is scheduled to start immediately and will be completed in November 2012.
Commenting on the project win, Tawfiq Abu Soud, Executive Director of DSWP said, “DSWP is well diversified and has become a specialist contractor in the infrastructure field and especially in the waste water and water solutions sectors. The integration of our services with DSI‘s Mechanical Electrical and Plumbing (MEP) and civil portfolio compliments our expertise and will allow us to deliver upon the highest quality standards for this project. There is substantial demand for DSWP services in the region and we have set forth a systematic and comprehensive plan to identify these lucrative opportunities and we are allocating the right resources to qualify for these prospects.”
Abu Soud continued, “Water and Power are niche markets where few companies have the capabilities to excel at it. However, DSWP possesses the core technological elements and a solid experience to cater for such competitive and technical sectors, and will significantly contribute to the profitability of DSI in future.”
Since its inception, Drake & Scull Water and Power has completed works in the UAE, Qatar, Saudi and other GCC markets with a backlog of approximately AED 900 million as of the 30th of June 2011.
The company has established strong foothold in region and has a prominent portfolio of contracts which include a AED182million design and build contract for two district cooling plants in the Musheireb project developed by Doha Land and another AED 290 million EPCO (Engineering, Procurement, Construction and Operation) contract for a District Cooling Plant in Riyadh, Saudi Arabia .In 2011 DSWP, signed a Memorandum of Understanding (‘MOU’) with Australian based company Earth Heat Resources Limited (‘Earth Heat’ or ‘the Company’), an ASX listed New Energy Company, to jointly explore, bid for and secure geothermal project opportunities in the Middle East and Africa.
The company also completed the Integration of Passavant-Roediger into DSI’s business platform and secured a series of project wins in Europe, China and the MENA region for a combined value of AED 150 million. DSWP is actively seeking opportunities in the Solar Power and other alternatives energy sector in the region and managed to secure in quarter two an AED 12.5 million design, supply and installation contract of the associated Mechanical and Electrical works for a one Mega PV solar plant in the state of Tamil- Nadu in India. The company poised for significant growth in 2012 especially with the increased demand for water and power services in the region.