Dubai Electricity and Water Authority (DEWA), the emirate’s state-owned utility, has launched an AED105m ($29m) substation in Dubai Marina.
The 132/11 kV facility has a capacity of 150 megavolt amperes and its part of DEWA’s strategy to accommodate growing energy demand in the Gulf emirate.
DEWA said it currently has another 17 substations under construction, in addition to upgrades at existing facilities and a process for rolling out new technologies.
"The new project aims to strengthen the capacity of our networks to provide electricity in the Dubai Marina area. We have extended an additional 320 metres of 132 kV ground cables to connect the new substation to the main distribution station at The Palm Jumeirah, and the distribution station in Jebel Ali, which will result in increased stability of supplies to our customers, at all times," said DEWA MD and CEO HE Saeed Al Tayer.
DEWA’s capacity rose by more than 10 percent in 2012, with its total installed power capacity reaching 9,646 megawatts, compared to 8,721 megawatts in the prior year.
Its electricity transmission networks also grew to 1,932km in 2012 compared to 1,687km in 2011, an increase of 14.5 percent.
DEWA has also issued an Islamic bond, or sukuk, worth at least $500m in February 2013.For all the latest energy and oil news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
Subscribe to Arabian Business' newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.