Tuesday, August 4, 2026 Latest Nintendo Releases Cancelled Virtual Boy Games Zero Racers and D-Hopper Our standards
Business

DEWA Attracts 47.4 Billion Dirhams via Independent Producer Model

«كهرباء دبي»: «المنتج المستقل للطاقة والمياه» يستقطب استثمارات بـ 47.4 مليار درهم
«كهرباء دبي»: «المنتج المستقل للطاقة والمياه» يستقطب استثمارات بـ 47.4 مليار درهم

The strategy has secured global best practice recognition and supported major infrastructure projects across the emirate.

The Independent Power and Water Producer (IWPP) model has served as the operational backbone for major public-private development initiatives within the sector.

Expansion of the Independent Power and Water Producer Model Since 2014

The utility transitioned away from conventional engineering, procurement, and construction (EPC) methods in 2014, opting instead for the IWPP framework to accelerate strategic projects. Engineer Waleed bin Salman, the Executive Vice President of Business Development and Excellence at DEWA, explained that the authority has worked to develop and enhance this model to align with the requirements of its strategic projects, which has contributed to attracting the most prominent global developers and investors and enhancing project implementation efficiency.

Saeed Mohammed Al Tayer, Managing Director and CEO of DEWA, stated that the success of the IWPP model is based on an integrated system that includes sound governance, transparency, an attractive legislative and regulatory environment, and conducting specialized technical, economic, and financial feasibility studies. Al Tayer further noted the adoption of the principle of achieving fair value for all partners, alongside proactive risk management to enhance investor confidence and ensure project sustainability.

The strategy earned a seven-star rating at the Global Best Practice Competition, establishing it as a leading international benchmark for public-private partnerships in utility management. Furthermore, the broader economic environment continues to draw capital; Al Tayer noted that Dubai continues to consolidate its position as a global investment destination, ranking first globally in attracting new foreign direct investment projects for the fifth year in 2025, according to data from Financial Times FDI Markets.

Power Generation and Desalination Milestones

The independent producer framework has underpinned several flagship initiatives, most notably the Mohammed bin Rashid Al Maktoum Solar Park. Recognized as the largest single-site solar facility in the world, the complex is scheduled to expand its production capacity to more than 8,000 megawatts by 2030. Al Tayer highlighted that the IWPP model is one of the main pillars enabling the authority to implement strategic projects and has contributed to achieving global results, most notably recording the lowest solar energy purchase tariffs in the world at the Solar Park.

DEWA Attracts 47.4 Billion Dirhams via Independent Producer Model
Photo: Aletihad

Building on its success in the electricity sector, DEWA has extended the model into water production. Engineer Waleed bin Salman stated that the authority expanded the application of the model to include the water sector through the Hassyan seawater reverse osmosis plant.

Global Financial Backing and Capital Inflows

According to Saeed Mohammed Al Tayer, the model has succeeded in attracting significant investments from the private sector and international financial institutions, which has contributed to supporting investment flows into Dubai and the United Arab Emirates.

هيئة كهرباء ومياه دبي تستقطب أكثر من 47.4 مليار درهم استثمارات.. عبر نموذج المنتج المستقل للطاقة
Accuracy matters. See something that needs attention? Read our corrections policy or contact the newsroom.

Business Editor

Marcus Lin

Marcus Lin is the editorial identity for TellingPointy's Business desk, covering companies, markets, labour, trade, regulation, and the changing economics of everyday life. Lin looks past the day's price movement to examine incentives, balance-sheet realities, competitive pressure, and the effects corporate decisions have on workers and consumers. His desk treats company claims as claims, numbers as evidence that needs context, and market excitement as something to interrogate rather than amplify.