DEWA Plans $1.9Bn 2014 Projects Spend, Eyes Coal And Solar


Dubai Electricity and Water Authority (DEWA) has announced a total budget of Dh20.56bn ($5.55bn) for 2014, of which more than one third is intended for spending on capacity expansion projects and equipment purchases. Outlining next year’s spending plans on 7 December, DEWA Managing Director and CEO Sa’id Muhammad al-Tayir said the budget had been raised from Dh13.835bn ($3.735bn) for 2013.