Mubasher TV
Contact Us Advertising   العربية

Dewa OKs AED 22.87bn budget for FY15

Dewa OKs AED 22.87bn budget for FY15
Dubai Electricity & Water Authority (Dewa) has endorsed a budget of AED 22.873 billion for 2015, compared to AED 20.560 billion in 2014.
The new budget ensures a reliable supply of electricity and water to implement Dubai's development plans, according to Emirates 24/7.
Saeed Al Tayer, Dewa’s CEO, said nearly AED 8.28 billion is assigned for capital purchases and projects, compared with AED 7.057 billion in 2014.
This budget includes some key projects, such as boosting production capacity of the electricity generation and water desalination plant at K-Station in Jebel Ali by adding two gas turbines to generate 500MW.