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Sewa to invest Dh870m to meet water demand
Sharjah boosts water and power production capacity
Taqa, Gazprom to launch Dutch gas storage project
GCC needs 100, 000 megawatts of energy in 10 years
Khor Fakkan desalination plant commissioned
TAQA reports 318% growth in net profit
Abu Musa Island gets new power and water plants
Khorfakkan desalination plants begins operation
Dubai commits Dh72 billion for utility projects
Taqa finalises sale deal with Japan's Sumitomo
GCC states to invest US$120 billion in power in the next 10 years
Abu Dhabi will remain a leader in world energy industry: Global energy expert
Dewa plans new power stations
TAQA sells stake in Shuweihat CMS International Power Co to Sumitomo
Taqa to purchase EnCore Oil Nederland B.V.

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INFRASTRUCTURAL DEVELOPMENT - ELECTRICITY & WATER


Sewa to invest Dh870m to meet water demand
Posted on 22/12/2008

Sharjah Electricity and Water Authority (Sewa) is currently executing several projects in the city worth Dh870 million to meet the growing demand for water. Sewa Director General Al Waleed Khalid bin Khadem said a number of important and vital transfer lines are being built, while some old transfer and distribution lines are replaced. Distribution networks are being built or modified and the storage capacity increased to secure a proper reserve of water for emergencies. Bin Khadem said the ...  >>MORE



Sharjah boosts water and power production capacity
Posted on 10/12/2008

In the first nine months of the current year, Sharjah's production of underground and desalinated water grew by about 5 per cent to 23.9 million gallons of drinking water compared to 22.7 million gallons of drinking water in the corresponding period last year, according statistics released by Sharjah Electricity and Water Authority (SEWA). As for power, the figures showed an increase of 6.8 per cent to 7483,3 million kilowatt from 7006,9 million kilowatt for the same period under review. Eng. ...  >>MORE



Taqa, Gazprom to launch Dutch gas storage project
Posted on 06/12/2008

Amsterdam - Abu Dhabi National Energy Company said on Friday it had signed a memorandum of understanding with Gazprom to jointly develop the Bergermeer gas storage project in the Netherlands. Abu Dhabi National Energy, also known as Taqa, said construction of the project is expected to start in the second quarter next year, with commercial operations scheduled to start in the second quarter of 2013. Once operational, the majority of the facility's capacity will be made available for third ...  >>MORE



GCC needs 100, 000 megawatts of energy in 10 years
Posted on 08/11/2008

Panwell Energy Foundation Manager Neil Walker, has estimated that Gulf Cooperation Council countries will additional 100, 000 megawatt of energy in the next 10 years to meet growing demands for energy. He lauded in a statement the results of the Abu Dhabi International Petroleum Exhibition Conference, which concluded yesterday. "Panwell is keen to attend such major and important events of the energy industry, which capture attention of the GCC, Arab and world leaders". Walker noted that as ...  >>MORE



Khor Fakkan desalination plant commissioned
Posted on 04/11/2008

H.H. Sheikh Abdullah bin Salem Al Qasimi, Deputy Ruler of Sharjah, yesterday opened the Khor Fakkan water desalination plant in the eastern region of Sharjah. Sheikh Abdullah, who is the Board Chairman of Sharjah Electricity '&' Water Authority (SEWA) commissioned the plant's second phase of 2.5 million gallons per day, bringing the plant's total production to 5 million gpd. "SEWA's future plans include construction of a 3 million gpd desalination plant in Kalba, as well as installation of an ...  >>MORE



TAQA reports 318% growth in net profit
Posted on 31/10/2008

Abu Dhabi, UAE - Abu Dhabi National Energy Company PJSC, a publicly listed company on the Abu Dhabi Securities Exchange (ADX: TAQA), yesterday reported financial results for the period ended 30 September 2008. Net profit after minority interests increased 318%, reaching Dh1.6 billion in the first nine months of 2008 compared with Dh381 million in the same period in 2007. Basic earnings-per-share reached 35 fils for the first nine months of 2008, compared with 9 fils for the same period in ...  >>MORE



Abu Musa Island gets new power and water plants
Posted on 28/10/2008

The Sharjah government has provided for the Abu Musa island new power generating and water desalination plants to supply the people of the island their requirement of water and electricity. The Sharjah Electricity and Water Authority (SEWA) provided the island with a 1100-Kilowatt power generator and a 15,000 gallons per day capacity water desalination plant. Both plants will start operation within the next few days. The Abu Musa power plant has a total production capacity of 3.267 million ...  >>MORE



Khorfakkan desalination plants begins operation
Posted on 20/10/2008

The Khorfakkan Desalination plant began production yesterday with a generation capacity of 5 million gallons per day, the Sharjah Electricity '&' Water Authority (SEWA) announced. "The plant will produce 2.5 MGPD in the initial phase following completion of the trial operation, technical tests and water filtration," said Ahmed Mohammed Al Mulla, SEWA's Deputy Director for technical Affairs. He added that the next phase will see installation of highly capable membranes and production of ...  >>MORE



Dubai commits Dh72 billion for utility projects
Posted on 29/09/2008

Dubai has committed the amount of Dh72 billion to fund its utility projects which have been implemented during 2008 or are still under construction to meet future demand. This is in line with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, in his capacity as Ruler of Dubai. Saeed Mohamed Al Tayer, Managing Director and Chief Executive Officer of Dubai Electricity and Water Authority (DEWA) in a statement said the budget will enable DEWA to implement it biggest projects ...  >>MORE



Taqa finalises sale deal with Japan's Sumitomo
Posted on 29/09/2008

The Abu Dhabi National Energy Company (Taqa) said yesterday it had finalised a deal with Japan's Sumitomo Corporation to sell 20 per cent of its stake in a major power generation company in the UAE. The government-controlled Taqa, one of the largest energy investment companies in the Middle East, said the deal also involved the sale of 50 per cent of another Abu Dhabi-based venture to the Japanese giant. "Please be informed that Taqa has completed all contractual procedures regarding the sale ...  >>MORE



GCC states to invest US$120 billion in power in the next 10 years
Posted on 27/09/2008

Abu Dhabi - Following a hugely successful event in 2008, POWER-GEN Middle East will see a welcome return to the hospitality of the Kingdom of Bahrain for the region's premier conference and exhibition for the power generation, transmission '&' distribution and water industries. POWER-GEN Middle East has announced that the 2009 event will be hosted at the Bahrain International Exhibition Centre, Manama, Kingdom of Bahrain, from 17th to 19th February, for the 3 day conference and exhibition. ...  >>MORE



Abu Dhabi will remain a leader in world energy industry: Global energy expert
Posted on 26/09/2008

With an impressive record of serving its global customers: Abu Dhabi will remain a leader in world energy matters, according to a top executive at the world energy giant Royal Dutch Shell. 'We'll need all the help technology can give, as the world faces such great energy and environmental challenges. But, above all, the world will need leadership. And here Abu Dhabi can and will play a very strong role - through the vision of UAE President His Highness Sheikh Khalifa bin Zayed, supported by ...  >>MORE



Dewa plans new power stations
Posted on 15/09/2008

Dubai Electricity and Water Authority (Dewa) has set out to construct three main power generation stations with a capacity of 400/132 KV in three modern development locations in Dubai as well as electricity transference lines with a capacity of 400KV, with the total cost of the three stations and lines up to Dh2.120 billion, Saeed Mohamed Al Tayer, Dewa's Managing Director and Chief Executive Officer has revealed. This is in line with the directives of His Highness Sheikh Mohammed bin Rashid ...  >>MORE



TAQA sells stake in Shuweihat CMS International Power Co to Sumitomo
Posted on 05/09/2008

The Abu Dhabi National Energy Company (TAQA), a publicly-listed company on the Abu Dhabi Securities Exchange, announced that it has entered into a share purchase agreement with Sumitomo Corporation for the sale of a 20% interest in Shuweihat CMS International Power Company (SCIPCO) and a 50% interest in Shuweihat O'&'M Limited Partnership (SOMLP). The sale concludes an international competitive bid process launched by TAQA earlier this year. SCIPCO owns the Shuweihat S1 Plant, a power ...  >>MORE



Taqa to purchase EnCore Oil Nederland B.V.
Posted on 04/09/2008

Abu Dhabi National Energy Company PJSC (TAQA), a global energy company, yesterday announces that it has agreed the purchase of EnCore Oil Nederland B.V., a wholly owned subsidiary of EnCore Oil plc, whose only asset is a 10 per cent interest in the Amstel field offshore Netherlands, for US$5.5m in cash on completion. Following completion of the transaction EnCore Oil Nederland B.V. will be integrated into TAQA Energy B.V. – Emirates News Agency, WAM ...  >>MORE

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