DEWA awarded ISO 55001: 2014 Certificate for Asset Management

Environment

DEWA awarded ISO 55001: 2014 Certificate for Asset Management

Dubai Electricity and Water Authority (DEWA) has received the ISO 55001: 2014 Certificate for Asset Management after passing an external audit carried out by a global organization. As a result, DEWA is the very first federal government utility worldwide to get the respected award for the combination of high quality possession management in operations relating to the generation, transmission, and distribution of electricity and water.

His Excellency Saeed Mohammed Al Tayer, MD & CEO of DEWA received the award in the presence of Hussain Lootah, EVP-Transmission Power at DEWA.

His Excellency Al Tayer said: "DEWA makes use of the very best international methods of practice amongst all fields, in addition to embracing the integrated systems required for efficient preservation of asset management, based upon the highest standards from around the world, to guarantee balance between costs, risks, and asset performance, in support of our vision of becoming a sustainable, innovative world-class utility efficient in accomplishing excellent outcomes for our consumers, clients, and stakeholders.".

DEWA is dedicated to sourcing facilities efficient in meeting all energy and water demands as part of the development of the Emirate.

"DEWA has actually introduced a host of effective efforts and have actually assigned over AED 2.6 billion to the advancement of world class electrical energy and water facilities in the Emirate, ahead of the World Expo 2020, which will display Dubai's state of the art public centers along with its concentrate on exploring renewable energy in line with the Dubai Expo 2020's style of 'Connecting Minds, Creating the Future,' which concentrates on the ideas of opportunity, movement, and sustainability. DEWA is further developing their facilities to become more reliable with the generation, transmission, and distribution of electrical power and water, meeting the needs of consumers, and developers, due to the enhancing demand for water and electricity," stated Al Tayer.

"DEWA's overall amount of possessions is equal to AED 120 billion, while possessions in conjunction with affiliated business exceed AED 127 billion. The 2016 spending plan consists of a number of vital jobs, consisting of AED 2.957 billion in generation, AED 3.416 billion in power transmission, AED 1.209 billion in power distribution, and AED 1.042 billion in water and civil, in addition to other amounts completing AED 95 million assigned to numerous other tasks," added Al Tayer.

DEWA's success in possession management has actually brought the energy to a new height of global competitiveness, exceeding the likes of other European and American companies.