VOL. XLVII
No 02
12-January-2004
UAE
UWEC Seeks Equity Partner For Fujairah Power/Water Expansion
The Union Water and Electricity Company (UWEC) on 6 January announced that it had invited international power developers to submit, by 1 February, expressions of interest for acquiring a stake in its power generation, water desalination and transmission project at Qidfa in Fujairah. A statement said that UWEC, with a paid-up capital of $408.6mn, was seeking an experienced power and water developer to...
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