Dubai – Mubasher: The Dubai Electricity and Water Authority (DEWA) has announced its plans to improve water security in the UAE by increasing the storage capacity of desalinated water.
In line with the Dubai Integrated Water Resource Management Strategy 2030, DEWA will invest about AED 550 million to raise the storage capacity to 1002 MIG from 815 MIG, according to a press release on Wednesday.
To achieve this objective, the listed company will build three water reservoirs across Dubai, including one in Al Nakhali area with a storage capacity of 120 MIG and a total value of AED 287.80 million.
The other two containers will be launched in Al Lusaily and Hatta areas with a storage capacity of 60 and 30 MIG, respectively.
The water reservoirs in Al Lusaily and Hatta areas have total investments of AED 175.40 million and AED 86 million, respectively.
Saeed Mohammed Al Tayer, CEO and Managing Director of DEWA, said: "The UAE Water Security Strategy 2036 aims to ensure sustainable access to water during both normal and emergency conditions as well as address future water security challenges."
Al Tayer added: "The construction of the water reservoirs in Al Nakhali, Al Lusaily, and Hatta supports DEWA’s strategy to increase the efficiency and reliability of water networks, raise water flow and volume of water reserves to meet the growing demand and sustainable development in Dubai."
It is worth noting that during the first three months (3M) of 2022, DEWA reported net profits attributable to the owners worth AED 734.51 million, a jump from AED 547.28 million in Q1-21.
