Tecom Investments issues Request for Proposal to reduce energy consumption by 25%

The RFP seeks companies willing to invest in additional equipment as well as explore the feasibility of replacing older and obsolete machinery with energy-efficient state-of-the art equipment.

The value of the contract would depend on the extent of energy and water savings the appointed vendor would be able to achieve, but is expected to be worth approximately Dhs24.8m ($6.75m) extending over several years.

The second phase of Tecom's Sustainable Development Policy programme seeks to reduce the electricity and water consumption in Tecom's free zone clusters by a further 15%, on top of the 10% already achieved during the first phase.

Tecom's Sustainable Development Policy aims to offer companies in the green energy industry with business opportunities to further develop and market their products in a mutually beneficial environment.

Ali bin Towaih, Executive Director of Sustainable Energy and Environment Division, said, "The success achieved in the energy conservation programme's first phase has given us further impetus to roll out the next phase of the initiative. The new phase will require even more stringent programmes to meet our objective of achieving an additional 15% reduction in energy consumption. This phase will also provide a significant boost to the industry as it will present sizeable business opportunities to companies operating in this sector."

"Reducing energy consumption not only cuts costs but also lowers the carbon footprint while simultaneously increasing operational efficiency. We have at our disposal a range of techniques to make further savings that involve engaging specialized energy management companies. These specialists will carry out energy audits and install the necessary equipment to achieve optimum results," he added.

Tecom Investments endorsed a Sustainable Development Policy in August 2006, making it one of the region's earliest adopters of green technology. As a leading developer of knowledge-based business clusters, it adopted a Sustainable Procurement Policy in 2008 to complement its environment-friendly initiatives in procuring material for use in operations, maintenance, and building upgrades. Tecom also holds the distinction of hosting the highest number of buildings seeking LEED certification outside of the US.