Tabreed signs MoU with Indian state

Tabreed, the world’s leading district cooling company, announced the signing of a Memorandum of Understanding (MoU) with the regional Indian Government of Telangana to explore developing and investing in district cooling infrastructure in Hyderabad, India. The MoU was signed during a ceremony in Dubai in the presence of Khalid Al Marzooqi, CEO, Tabreed; HE K.T. Rama Rao, Telangana Minister for Information Technology and Industries; Jayesh Ranjan, Secretary, IT and Industries, Telangana, alongside other representatives.

The cooling infrastructure will have the potential to reduce over 200MW of peak electricity demand resulting in an annual CO2 emissions prevention of 600,000 tons or 18 million tons over a 30-year period. The district cooling agreements are part of Telangana’s vision to become net-zero by 2047.

With India forecast to be the world’s largest consumer of cooling by 2050, Tabreed is proud to work with the Government of Telangana and partners across the country to deliver reliable, affordable, and sustainable district cooling solutions to meet the growing demand and reduce the impact of climate change.

Tabreed provides essential and sustainable district cooling services to iconic developments such as the Burj Khalifa, Sheikh Zayed Grand Mosque, Louvre Abu Dhabi, Ferrari World, Emirates Towers, Yas Island, Al Maryah Island, The Dubai Mall, Dubai Opera, Dubai Metro, Bahrain Financial Harbor and the Jabal Omar Development in the Holy City of Makkah. The company owns and operates 89 plants in its portfolio, including 75 in the United Arab Emirates, five in the Kingdom of Saudi Arabia, seven in Oman, one in the Kingdom of Bahrain and one in India, in addition to other international projects and operations.

Tabreed is a leading driver of progress for people, communities and environments around the world towards a more sustainable future. Founded in 1998 and publicly listed on the Dubai Financial Market, it is one of the UAE’s strongest growth companies.