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.

November 17, 2016 Kuwait Eyes Taxing Expatriates’ Remittances, Privatizing Hospitals, Schools

According to informed government sources, a special ministerial committee has already prepared a package of economic and financial reform legislations to be presented by the new Cabinet and referred to the new parliament in mid-December.

June 24, 2016 BlackRock’s iRetire’ Retirement Investment Framework Now Available to LPL Financial Advisors

BlackRock announced today that its iRetire retirement investment framework is now available to LPL Financial advisors, offering a new way to help their clients close the retirement income gap.

September 8, 2015 VAT in the GCC – Old News?

The recent action taken by the UAE to eliminate fuel subsidies with effect from 1 August 2015 ignited the debate on tax reform in the Gulf Cooperation Council (GCC) countries.

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