DEWA signs OPSA contract with Siemens

Posted on June 6, 2017 · 1 min read

DEWA signs OPSA contract with Siemens - Featured Image | MEA Markets
Share this article
Image

Dubai, United Arab Emirates – Dubai Electricity and Water Authority (DEWA) has signed a 12-year Operating Plant Service Agreement (OPSA) with German company Siemens, worth AED 1.7 billion. The contract includes providing maintenance, spare parts and gas turbine rehabilitation for the second phase of K-Station at Jebel Ali Power and Desalination Station, and the third phase of H-Station at the Al Aweer Power Station. As part of its efforts to implement best practices to achieve the highest levels of efficiency, reliability and service availability, and in support of its vision to become a sustainable innovative world-class utility, DEWA also extended the Long Term Maintenance Plan (LTMP), for seven more years, for the second phase of L-Station.

‘DEWA strives to introduce all the latest developments in technology and re-engineering processes in its operations. DEWA is consolidating its leading position, both nationally and globally, by providing electricity and water services to the highest international standards of reliability, efficiency, availability and safety,’ said HE Saeed Mohammed Al Tayer, MD & CEO of DEWA. 

Al Tayer added that the contract contributes to efficiency and quality improvements, cost reduction, and the efficient operation of DEWA’s power plants. It also obliges Siemens will provide specialist personnel, and all the equipment and spare parts for the maintenance of these turbines and generators.

You might also like

Looking for more? Gain deeper insights with these recommended articles, selected to provide further value.

February 19, 2016 QNB First Bank in Qatar to Launch NCR Interactive Video Teller Technology

QNB, the leading Financial Institution in the Middle East and North Africa becomes the first bank in Qatar to introduce Interactive Teller

November 18, 2015 Moody’s Changes Pakistan’s Banking System Outlook to Stable

Moody's Investors Service has changed the outlook for the Pakistan banking system to stable from negative, reflecting the improvement in the country's economic growth prospects, driven in turn by the government's commitment to econo...

October 17, 2022 Why and How Should You Invest in Mutual Funds in Dubai?

If you're looking for a way to grow your money, you may wonder how and where to invest. Mutual funds can be an excellent option for investors in Dubai, as they offer opportunities for growth and diversification. In this article, we'll di...

Join our newsletter.

Gain Access To Exclusive Content

Stay Updated With The Latest News

It's Free To Subscribe

By signing up, you agree to receive marketing emails.

Join our newsletter box - side image
Trusted by the best teams around the world