Dubai Municipality and National Central Cooling Co. - Tabreed have inked an AED 3 billion agreement to provide the entire Dubai Metro Project with district cooling services.
This project will comprise 43 metro stations that will initially require a cooling load of 36,000 TR (tons of refrigeration) and upon completion, the cooling load will peak to 350,000 TR.
The agreement was signed by Qassim Sultan, Director General of Dubai Municipality, and Mohamed Saif Al Mazrouei, Chairman of Tabreed, in the presence of members of the Higher Committee for Dubai Metro and officials from Tabreed.
Sultan said the agreement underlines the potentials of national companies to compete and excel in offering the best services. “Besides, this is also in line with the directives of His Highness Sheikh Maktoum Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, Sheikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai, UAE Minister of Finance and Industry, and Chairman of Dubai Municipality and General Sheikh Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai and Minister of Defence, to reinforce public-private sectors partnership. The agreement also underscores the municipality’s commitment towards encouraging private sector to make long-term investments in various civic projects,” he said.
He noted that many companies had been competing over the Dubai Metro contract but Tabreed was chosen because it is a national company with worldwide leadership and because it possesses humongous facilities and capabilities which will be required to cool the various developments that will take place near the Dubai Metro passageway and will exceed the 300,000 TR.