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Etihad ESCO signs MoU with GDRFA-Dubai

World Trade – Energy

Open Eyes Opinion {source: WAM}

Dubai


DUBAI, — Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority, DEWA, and Chairman of Etihad Energy Service Company, ESCO, has signed an MoU with Major General Mohammed Ahmed Al Marri, General Director of the General Directorate of Residency and Foreigners Affairs, GDRFA.

The MoU aims to initiate a feasibility study and inspect all the facilities of the GDRFA in Dubai. The MoU also aims to identify opportunities and strategies to increase energy efficiency that will be developed using the resources, potentialities and tools of Etihad ESCO.

The company will be entrusted with the due diligence phase in developing the project and exploring the possibility of consolidating the assignments to evaluate the standards of energy rationalisation, based on expected savings or improved efficiencies.

The signing ceremony was attended by Major General Obaid Mehayar Bin Suroor, Deputy Director of the GDRFA, Colonel Ali Bin Ageef, Legal Counsel, Waleed Salman, Executive Vice President for Strategy and Business Development at DEWA, and Stephane Le Gentil, CEO of Etihad Energy Services Company.

As per the terms of the MoU, Etihad ESCO is currently conducting audits for 4 buildings and 27 centres of the GDRFA.

“We work on enhancing Dubai’s position as a role model in financing energy efficiency projects both at regional and global levels, pursuant to Directive No. 1 of 2015 issued by H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, DSCE, with the objective of monitoring electricity and water consumption of governmental facilities in the Emirate of Dubai in line with the Dubai Plan 2021, and the Dubai Integrated Energy Strategy 2030 that aims to reduce energy demand by 30 percent by 2030,” Saeed Mohammed Al Tayer said.

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