DEWA's 2013 budget is Dhs13.835bn

H.E. Saeed Mohammed Al Tayer, MD&CEO of DEWA, said, "The Budget includes an amount of Dhs12.508bn for Operating Budget and Dhs1.206bn for Capital Projects and Capital Purchases which comprises Dhs204m for 132 KV cable laying circuits at various locations in Dubai and other works for electricity transmission system in addition to Dhs52m for installation of Distribution Substation equipment and low voltage cables."

He added, "An amount of Dhs281m will be for developing Water Transmission and Distribution network in various parts of Dubai and Dhs562m is for purchase of Cables and accessories, Switchgear, Transformers, Pipes etc besides other items relating to Capital Projects and Capital Purchases, in addition to Dhs120.351m as Administration Capital Budget."

"The total combined production capacity at the end of 2012 is 9646 MW of Electricity and 470 MIGD of water. During the last year the peak power load reached 6637 MW with a reserve margin exceeding 3000 MW. On the other hand, the peak demand for water during 2012 was 285 MIGD with a reserve margin estimated at 185 MIGD of water," said Al Tayer.

"These reserve margins will contribute to the fulfillment of the power and water requirements of the recently announced prestigious mega-development projects, such as the Mohammed Bin Rashid Garden City project among others," he added.

"Additionally, these important strategic reserves will meet the future electricity and water needs of various economic, commercial, tourism, industrial and urban sectors," confirmed Al Tayer.