Hosted and Organized by BE Summits, GCC Power and Water Forum is focused towards exclusivity and content. This event brings together policy makers, distinguished personnel from Utilities/Ministries and technology leaders in the business community to share their vision in order to establish the initiatives required for the right solution. This forum provides a stage for discussions on benchmarking crucial issues to seize new opportunities and make them effective for the region. This is achieved through a blend of in-depth real life case studies of ongoing and completed projects, keynote presentations and interactive panel discussions.This Summit is scheduled to be held in Dubai, UAE, which is becoming a logical place to invest, having the backing of a strong economy and a stable political environment
Why are we hosting this Forum:
GCC Power and Water Sector holds a total of USD 182.88 billion worth of ongoing projects according to Zawya Projects data tracker. Of this Saudi Arabia leads with USD 71.90 billion followed by UAE (USD 56.55 billion). The gap increases with Qatar at USD 24.69 billion, Oman at USD 14.34 billion, Kuwait close to behind at 14.13 billion and Bahrain at USD 0.61 billion. Abu Dhabi-based water company TAQA has signed a Memorandum of Understanding with Federal Electricity & Water Authority (FEWA) to develop a standalone seawater desalination plant in Al Zawra in the Emirate of Ajman. Al Zawra independent water project (IWP) will have a capacity of 30 million imperial gallons per day (MIGD), enough to supply 250,000 people in the Northern Emirates with clean drinking water.
Dubai Electricity and Water Authority (DEWA) has awarded the contract for Independent Power Producer (IPP) advisory services for the first phase of the Hassyan Clean Coal Power Plant to an international consultancy firm. DEWA had received eight bids for IPP advisory services for the project.
Saudi Arabia’s National Water Company (NWC) is currently working on 453 water projects worth US $7bn in major cities across the Kingdom. Most of these projects are located in Riyadh, Jeddah, Makkah and Taif.
Saudi Aramco has asked companies to submit cheaper offers to build parts of a complex to supply energy to an oil refinery at Jizan. A total of 14 companies bid in October for four packages to build elements of a 2,400MW integrated gasification combined cycle (IGCC) plant at the refinery.