DEWA to allocate $7.2B for energy projects in 2018

UAE, Dubai: Vice President and Prime Minister of the UAE has approved Dubai Electricity & Water Authority’s (DEWA) total budget of $7.2 billion for 2018, which incorporates investments in conventional and non-conventional energy sources, advanced technologies and innovative projects.

The budget for 2018 includes $1.36 billion for power transmission, $475 million for power distribution, and $730 million for electricity and water generation, reports GDN Online.

Transmission projects include building three new 400 kV substations, 10 new 132 kV substations, new overhead lines and cables as well as substation control systems.

Source: GDN Online