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Metito eyes expansion plans

METITO, THE UAE-based utilities provider, is unlikely to go for an IPO this year and may opt to concentrate on aggressive expansions first.

Abu Dhabi funds Bahrain transmission line project

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The Abu Dhabi Fund for Development (ADFD), a fund established by the government to aid the economic development of developing nations, has granted a loan to Bahrain worth US$50mn. The loan will be used to erect two electric transmission lines, of 220KV and 66KV each, to meet the increasing demand for electric power. The project also involves the construction of a 31-conversion plant, an expansion of one of Bahrain's ten stations. Ground cables to connect each of the stations’ new conversions will be laid out, which will be added to the transfer stations in the existing national electricity network. The ADFD will also provide advisory services and institutional support for the authority.
The agreement was signed in Manama by ADFD acting director-general, Mohammed Saif Al Suwaidi, and Bahrain’s minister of works, Fahmi bin Ali Al Jowder. Al Jowder confirmed that this project will improve the level of power in Bahrain.
The ADFD has supported developments in Bahrain since 1974 and has financed eight projects with a total value estimated at US$190mn. It has also supervised the management of four other projects funded by the government of Abu Dhabi with a total value of around US$110mn.
 

Business and Management

  • Two more gas turbines commissioned

    Two new gas turbines with a total production capacity of 400 MW will be commissioned by Dubai Electricity and Water Authority (DEWA) before the end of the current year, according to DEWA managing director and CEO, Saeed Mohammed Al Tayer. The utility will also commission two desalination units with a total production capacity of 160,000 litres of water, in addition to four auxiliary boilers according to Al Tayer. The units of power generation and water desalination project (Station M) have come into service this year to raise the production capacity of both electricity and desalinated water of DEWA.

     

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Executives Calendar

November 2010

NOVEMBER 2010
1-4 GCC Power DOHA
www.ifpqatar.com

1-4 Adipec 2010 ABU DHABI
www.adipec.com

2-6 Jordan Motorshow AMMAN
www.ifpqatar.com
21-24 The Big 5 DUBAI
www.thebig5exhibition.com

28-30 Roadex/Railex ABU DHABI
www.roadex-railex.com
28-30 MEMEX 2010 ABU DHABI
www.memexnews.com

October 2010

OCTOBER 2010

3-6 Saudi Build RIYADH
www.recexpo.com

4-6 Powergen Middle East DOHA
www.power-gen-middleeast.com

17-19 PG&WSME ABU DHABI
www.powerandwaterme.com
17-20 Recycling & Waste Management KSA RIYADH
www.recexpo.com

17-21 GITEX Arabia DUBAI
www.gitex.com

18-21 Erbil International Fair ERBIL
www.ifpqatar.com

25-27 Saudi Transtec Dharan
www.sauditranstec.com


September 2010

SEPTEMBER 2010
27-30 Project Iraq ERBIL
www.ifpqatar.com

January 2011

8-11 January
Arabplast 2011, Dubai

16-18 January
Intersec 2011, Dubai                      

17-19 January
World Future Energy Summit, Abu Dhabi                   

February 2011

8-10 Feb
Middle East Electricity, Dubai                          

8-10 Feb
Cabsat Middle East, Dubai

8-10 Feb
Gulf Industry Fair, Manama

28 Feb-3 March
Electro Automation Industrial & Energy Algiers

March 2011

1-3 March
Middle East Coatings, Cairo

7-9 March
Gulf Glass 2011, Abu Dhabi

8-10 March
Wetex 2011, Dubai

22-26 March
Conexpo-Con Agg, Las Vegas

April 2011

4-7 April
Syrpower 2011, Damascus

6-8 April
Resale 2011, Stuttgart

6-9 April
Plast Expo 2011, Casablanca

10-13 April
Saudi Communications, Riyadh

17-20 April
Cityscape Abu Dhabi, Abu Dhabi

26-28 April
GulfBID 2011, Manama

May 2011

2-5 May
Project Qatar, Doha

3-6 May
Arabian Travel Market, Dubai

17-19 May
FM Expo, Dubai

17-19 May
The Office Exhibition, Dubai           

23-25 May
M.E. Communications, Abu Dhabi

30 May-2 June
Saudi Elenex, Riyadh

31 May-2 June
The Airport Show, Dubai

June 2011

11-13 June
Cityscape Jeddah, Jeddah                        

October 2011

3-5 October
Power Generation & Water M.E., Abu Dhabi                   

10-13 October
Saudi Build 2011/Saudi PMV, Riyadh                         

16-18 October
MEMEX 2011, Abu Dhabi

Powergen Middle East, Doha

The Big 5 2011, Dubai

November 2011

21-24 November
Saudi PPPP, Riyadh