Dewa seals water purchase deal with Utico for $410m SWRO project
DUBAI, 3 days ago Dubai Electricity and Water Authority (Dewa) has signed a 35-year water purchase agreement (WPA) and the shareholders agreement (SHA) for the Hassyan Sea Water Reverse Osmosis (SWRO) plant, with Emirati company Utico. The 120 million imperial gallons per day (MIGD) project will be built using the Independent Water Producer (IWP) model. It is expected to be completed by March 2024 at a total cost of $410 million. The agreements were signed by Saeed Mohammed Al Tayer, MD and CEO of Dewa, and Ivan Richard Menezes, the managing director of Utico in the presence of the group s Chairman Rashed Mehran Al Blooshi and other senior officials.
Dewa upgrades water infrastructure with world-class projects reporters@khaleejtimes.com Filed on January 24, 2021
Dewa is building a subterranean water basin to store 6,000 million gallons of water that can be retrieved when needed
Dewa has achieved a new world’s breaking record for the lowest water levelised tariff of $0.277 per cubic metre for its 120 MIGD Hassyan SWRO Plant
The Dubai Electricity and Water Authority (Dewa) has announced that it will continue to develop world-class infrastructure, supported by assets that exceed Dh182 billion owned by Dewa and its subsidiaries, and around Dh86 billion of investments in the energy and water sectors over five years.