Industry power and water stakeholders to collaborate efforts to establish sustainable initiatives required for the region
Dubai, united Arab Emirates - Thursday, October 30th 2014 [ME NewsWire]
At
the onset of the 3rd Annual Global IWPP Summit in Dubai, industry
stakeholders are gearing up to present their views on the state of
affairs, need projections and collaborative strategies needed to pave a
path of sustainability for the power and water sector in the Middle
East. Independent Water and Power Plants (IWPP) have a proven record of
delivering results with multiple projects already implemented in the GCC
coupled with the Emirates' vision to diversify its energy supply mix
for power production by 2030. With widespread reports of large spending
for the utility sector in the GCC, the question remains; will IWPPs be
able to attract a considerable share of the investment pie to meet the
fast growing demand for power and water in the Middle East?
Organized
by Fleming Gulf with the support of the Ministry Of Energy – U.A.E and
endorsed by Dubai Electricity And Water Authority (DEWA), the 3rd
edition of the summit will take place on the 4th and 5th November, 2014
at the Al Habtoor in Dubai. The summit, through it's comprehensive
agenda, aims to and serve as a platform for stakeholders from the public
and private sector to discuss the future road map and key initiatives
required to boost the development of independent power and water
projects in the region.
While it has been established that private
equity will continue to foster the growth of an IWPP, steps taken by
UTICO, a full service multi utility company based in Ras Al Khaimah, has
shown their commitment to the industry with spends of over a billion
Dirhams for sustainable projects in the region, over the years. As
headline sponsor of the summit; UTICO's Executive Vice Chairman and
Managing Director, Richard Menezes will present his outlook on the
sector on the opening day of the summit.
This years' summit will host
multiple high profile speakers that include Matar Al Neyadi - Ministry
of Energy, U.A.E, H. E. Saeed Mohammed Al Tayer - Dubai Electricity and
Water Authority, H. E. Mohammed Bin Jarsh from Abu Dhabi Water and
Electricity Company (ADWEC), H. E. Dr. Rashid Al Leem - Sharjah
Electricity and Water Authority(SEWA), Mubarak Al Nasr - Ras Laffan
Operating Company, Abdurazzaq Al Hijan - Water and Electricity Company
and many more industry stalwarts. As part of the summits' global agenda,
a special case study on 'Private Sector Participation in Public Utility
Projects in the Srilankan Electricity Sector' which will be orated by
Damitha Kumarasinghe, Director General - Public Utilities Commission of
Srilanka.
The leading Saudi Arabian O&M company NOMAC joins as
Titanium partner alongside solution specialists LAKOS, Faisal Al Jasim
Trading Company and Abengoa who will showcase their services that have
delivered accelerated results to projects in the region.
Contacts
Sobia Jameel
Fleming Gulf
P.O. Box 54772, Dubai, UAE
Tel: +9714-6091555
Email: sobia.jameel@fleminggulf.com
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