Palm Utilities to supply 200,000 tonnes of refrigeration to Jumeirah Village South

The new project joins Palm Utilities' growing portfolio of utility facilities that deliver water and cooling services to some of the most prestigious residential and commercial developments in the UAE.

With the growth in demand for its world-class services, Palm Utilities has also announced plans to set up field offices in Abu Dhabi. The focus on Abu Dhabi is part of Palm Utilities' strategy to expand its presence across high-growth markets in the region; recent statistics have indicated that demand for various utility services will substantially outstrip the current supply level in Abu Dhabi, including a sharp 43 per cent increase in demand for water resources within the next five years as revealed by the Abu Dhabi Water and Electricity Authority (ADWEA).

Mr. Ahmed Butti, Director General of Dubai Customs and Chairman of Palm Utilities, said:

"The pace and growth of Palm Utilities' operations has vastly improved, which is a very remarkable achievement for a relatively new player. The number of projects being commissioned has increased considerably as developers and master planners acknowledge the long-term impact in terms of sustainability, efficiency and pricing that our water and cooling solutions offer. The new project in the prestigious Jumeirah Village South and our plan to establish our new office in Abu Dhabi are strong indications of Palm Utilities' growing influence and reputation in the utility sector."

Palm Utilities has commenced construction of three of six district cooling facilities in Jumeirah Village South. The project will include a district cooling facility for Jumeirah Village South Triangle, which will supply 50,000 TR, and another facility for Jumeirah Village South Circle, which will supply 150,000 TR. The Jumeirah Village South facilities are part of several Palm District Cooling projects currently being planned or underway that will collectively deliver a total of 1,031,050 TR to various exclusive community developments.

Palm Utilities, through PDC and Palm Water, its water utility division, has been established to address the region's unique requirements in the distinctly critical areas of district cooling, and waste water treatment. On top of its expansion activities within the UAE, Palm Utilities has also revealed plans to pursue new core business activities within other utilities, including sustainable energy and environmental waste management. The company also plans to expand its operations overseas and has initiated talks for new business prospects with potential partners in the Middle East, India and the rest of Asia.