Drydocks World, Etihad ESCO sign deal - GulfToday

Drydocks World, Etihad ESCO sign deal


Rado Antolovic and Faisal Al Raisi signing the agreement.

Etihad Energy Services (Etihad ESCO), wholly-owned subsidiary by Dubai Electricity and Water Authority (Dewa), has signed an agreement to upgrade lighting systems at Drydocks World facilities.

This agreement represents collaboration between the two parties driving sustainable and energy efficient solutions in refrigeration, lighting and water sectors.

The agreement includes the application of modern, smart, indoor, and outdoor lighting solutions at Drydocks World facilities with 378 lighting units to be replaced at the smithery and pipes workshop, as well as at outdoor lighting areas. As for targeted savings, it is expected that the project will save around 943,094 KWH annually, equaling to AED419,676, the equivalent power consumption of 60 apartments per year, a 55 per cent of the total lighting power consumption in the targeted areas.

Captain Rado Antolovic PhD, CEO of Drydocks World, said, “Drydocks World, through its strategic partnership with Etihad ESCO, is committed to improving energy efficiency at its facilities, using world-class, cutting-edge technologies”.

In turn, Faisal Al Raisi, Acting COO at Etihad ESCO, said that the current project will add modern lighting solutions to the solutions package.

Etihad ESCO seeks to implement several energy efficiency projects and expand the utlisation of these projects by customers, contributing to the realisation of the 2030 Demand Side Management Programme and strategy; which was developed by the Dubai Supreme Council of Energy, the DSM strategy and it’s various programmes to achieve 30 per cent reduction in energy consumption by 2030.

Etihad ESCO aims to create an energy-efficient contracting market for energy service companies by auditing and proposing energy conservation standards for contractors and developers of buildings, by retrofitting of buildings and increasing energy efficiency, in addition to solar energy projects and the provisoion of smart supervision and control solutions through measurement and verification centers.

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