Dewa names EY, CMS, WSP advisors for Dubai's Hassyan water plant
Consortium of advisors will work on 120 MIGD Hassyan project that is Dewa's first under the IWP model
Dubai Electricity and Water Authority (Dewa) announced on its official Instagram account that it had appointed a consortium of Ernst & Young (EY), CMS, and WSP as advisors for its Hassyan Sea Water Reverse Osmosis (SWRO) project.
The SWRO will produce 120 million imperial gallons per day (MIGD), and is Dewa’s first project under the independent water producer (IWP) model.
Advisory services provided by the consortium include reviewing existing UAE legislation and regulatory framework, IWP developer tender document preparation, soliciting development and investment market interest, financial model development, and IWP developer tender submission management and evaluation.
According to a statement on Dewa's website, the consortium is also tasked with the development of supplemental agreements, commercial negotiation, concluding a water purchase agreement, and financial closure with the developer.
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أعلنت هيئة كهرباء ومياه دبي عن تعيين إئتلاف شركات يضم كل من "إيرنست آند يونغ" و "سي إم إس" و "دبليو إس بيه"، لتقديم الخدمات الاستشارية لمشروع محطة تحلية المياه ضمن مجمع حصيان، بقدرة 120 مليون جالون من المياه المحلاة يومياً باستخدام تقنية التناضح العكسي، حيث يعد أول مشروع للهيئة بنظام المنتج المستقل للمياه. DEWA has appointed a consortium of companies including Ernst & Young (E&Y), CMS, and WSP as advisors on the Hassyan’s Sea Water Reverse Osmosis (SWRO) Project to produce 120 million imperial gallons per day (MIGD). The project is DEWA’s first Independent Water Producer model (IWP) project. #ديوا #أخبار_ديوا #DEWA #DEWANEWS
Also included in their scope is the preparation of a project marketing plan, participating in marketing activities, local and international roadshows, workshops, and the provision of training for the IWP concept.
Commenting on the development, Dewa's managing director and chief executive officer, HE Saeed Mohammed Al Tayer, said: "The development of the project supports the vision of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to promote sustainable development.
"We are building production plants based on reverse osmosis (RO) which requires less energy than multi-stage flash distillation (MSF) plants, making it a more sustainable choice for water desalination.
“Dewa is currently desalinating water through the joint production of energy and water using efficient MSF distillation technology, which depends on waste heat created by the production of electricity for water desalination.
"Dewa also uses RO to desalinate water, a proven technology that is also used around the world, to absorb a considerable amount of generated power by clean energy,” added Al Tayer.
The project is expected to start production in 2023.
In February 2019, Construction Week’s sister title Utilities Middle East reported that Dewa had received five advisory bids for the IWP project.
Bids were submitted by Cranmore Partners, Synergy, Deloitte, PwC, and E&Y.