The government of Dubai has amended Decree No 1 of 1992 establishing the Dubai Electricity and Water Authority (Dewa) to facilitate the participation of the private sector in power generation and water desalination, Dewa said in a filing to Nasdaq Dubai yesterday.
"The Decree has been amended in order to allow for the development of independent water and power plants [IWPPs] in the Emirate of Dubai as part of an IWPP programme," the Dewa statement said.
In conjunction with the Dewa Decree Amendment, Law No (6) 2011 (the Enabling Law) has been created to regulate the participation of the private sector in electricity and water production. The new law specifies regulations applicable to both public and private entities in electricity generation and water production.
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