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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.

Energy saving measures needed in Sharjah

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COMMERCIAL AND RESIDENTIAL property owners and tenants in Sharjah who have failed to take energy saving measures will have seen their electricity bills double by millions of dirhams in just two years, according to a recent survey.


The survey of the impact of rising electricity tariffs on consumers in the power hungry northern emirate was carried out by Farnek Avireal, a leading United Arab Emirates company advising building owners on how to dramatically cut utility bills.
The survey follows a recently announced 50 per cent hike in electricity tariffs which will see the Sharjah government continuing to subsidise half the actual cost of generating, transmitting and distributing electricity. Farnek Avireal believes its intelligent energy saving solution, already in widespread use in the UAE, can substantially reduce the impact by cutting consumption by 25 per cent in Sharjah, recently hit by power outages affecting thousands of consumers.
The survey (see graph) is based on actual buildings and shows the electricity cost of a Sharjah four star hotel of around 20,000 square metres increasing from AED2.5 million in 2007 to AED5 million in October last year.
Farnek Avireal say the cost of its Energy Saving Module – which reduces electricity consumption from air conditioning and refrigeration systems by up to 25 per cent – can be paid back in savings within 12 to 18 months. The Energy Saving Module is a green technology which reduces electricity consumption and maximum demand of air conditioning and refrigeration compressors.
Sharjah_electricity_graph

Farnek Avireal also conducts exhaustive energy audits, highlighting potential energy savings and through their comprehensive consultancy services, can make a series of recommendations that can not only reduce carbon emissions but significantly reduce energy costs.

Last Updated ( Wednesday, 17 March 2010 16:34 )  

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