Nakheel partners with DEWA for AED 270 million substations on Palm Jebel Ali

October 30, 2024 10:05 PM AEDT | By Cision
Follow us on Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp

DUBAI, UAE, Oct. 30, 2024 /PRNewswire/ -- Nakheel, a member of Dubai Holding's pioneering real estate arm, Dubai Holding Real Estate, has partnered with Dubai Electricity and Water Authority (DEWA) on the development of two upcoming substations on Palm Jebel Ali, valued at AED 270 million. DEWA will provide project management services for tendering, awarding and constructing the two substations.

 

Nakheel partners with DEWA for AED 270 million substations on Palm Jebel Ali
Nakheel partners with DEWA for AED 270 million substations on Palm Jebel Ali

 

The project includes the construction of two 132/11 KV substations with a total capacity of 400 megavolt amperes (MVA) that will feed the power requirements of a major portion of Palm Jebel Ali, including several of the fronds and spine. The announcement follows previous contracts awarded earlier this year for the commencement of villa construction, infrastructure, public access roads and marine works on Palm Jebel Ali. 

One of Nakheel's most visionary projects to date, Palm Jebel Ali is designed to set a global benchmark in waterfront living. Once completed it will offer an exceptional breadth of lifestyle amenities, significantly contributing to the future growth of Dubai over the next few decades.

Nasser Al Awadhi, Chief Land Estates Officer, Dubai Holding, said: "We are confident that the expertise and skills of DEWA, our strategic partner, in the sector will enable us to lay a strong foundation as the prestigious Palm Jebel Ali takes shape. It is a symbol of Dubai's unwavering ambition to always drive progress and leave an indelible mark on the global stage. Palm Jebel Ali is a testimony to our vision to build the best luxury waterfront living for today's global citizen."

Hussain Lootah, Executive Vice President, Transmission Power at DEWA, said: "We welcome the efforts of Dubai Holding Real Estate, DEWA's strategic partner, to build the two power transmission stations in the Palm Jebel Ali project according to the highest standards of quality, sustainability and safety, using the latest digital technologies for transmission stations. All organisations in Dubai integrate their efforts to make Dubai the world's best city for living, working, and visiting. To keep up with Dubai's continuous growth, we will persist in building a world-class infrastructure for electricity and water, ensuring that these services meet the highest standards of availability, reliability and quality. This played a significant role in achieving 100% reliability and availability of the power transmission system in Dubai."

For the video: Palm Jebel Ali and DEWA.

 

Palm Jebel Ali Aerial Render
Palm Jebel Ali Aerial Render

 


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.

Two ASX Listed Stocks Giving Bullish Indications

Recent Articles

Investing Tips

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.