DEWA awards contract for 100MW PV solar plant
New plant planned to be operational by 2017.
Dubai Electricity and Water Authority (DEWA) has hired an international consultancy group to advise on plans for a new solar power plant.
DEWA said in a statement that it received a total of nine bids for IPP advisory services for the project. It did not name the company that won the bid.
The solar power plant is part of Dubai ruler Sheikh Mohammad Bin Rashid Al Maktoum's plan to promote renewable energy in the emirate and to diversify its energy mix by 2030.
Saeed Mohammed Al Tayer, managing director and CEO of DEWA, said: "DEWA has awarded this contract to an international consultancy to help DEWA to meet the increasing demand for energy and support sustainable development.
"The scope of the advisory service includes reviewing existing legislation and regulatory frameworks, and making recommendations and amendments to it, if required, the scope also includes the IPP tender preparation, tendering and evaluation, negotiation, signing financial closure with IPP developer.
"The scope also includes the preparation of project marketing plan, and participating in the marketing activities, local and international road shows, workshops and training on the IPP concept," added Al Tayer.
The Solar Power Plant project is planned to be operational by 2017, he said.
In December, DEWA said it had increased its budget by AED6.7bn ($1.8 billion) for 2014 to pay for projects and purchases.
DEWA's 2014 budget has been set at AED20.56bn compared with AED13.835bn in 2013.
"Expenditures on projects and purchases will reach AED7.057 billion," the state-owned utility said.
DEWA currently operates a 13MW solar plant, which was designed and built by US-based First Solar.