ADWEC

AcronymDefinition
ADWECAbu Dhabi Water and Electricity Company (UAE)
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Another ADWEC official added that water consumption for villas is so high that it is now a separate division.
Its customers include ADWEC, Dubai Supply Authority (Dusup), Oman Gas Co.
The IWPP will sign the PWPA with ADWEC in the middle of this month, which will be followed by assets acquisition and project financing agreements.
The rating could come under pressure if the creditworthiness of any of the financial counterparties (currency and interest-rate swap providers), ADWEC, or Siemens, were to materially deteriorate.
As a result, pricing arrangements were put in place between ADWEC and the other companies operating in the system.
Half of the daily 32 million gallons of water that the emirate needs daily is supplied from Al Nakheel station, whereas the remaining amount is provided by water wells and the ADWEC," he added.
sufficient capacity is now available to meet the requirements of ADWEC
As in the case of the first IWPP, this is selling its output to ADWEC under a 20-year contract.
The ratings could come under pressure if the creditworthiness of any of the financial counterparties (currency and interest-rate swap providers), ADWEC, or Siemens, were to materially deteriorate.
ADWEC will then sell it to Abu Dhabi Distribution Company and Al Ain Distribution Company, which will sell it to consumers.
This is in addition to the existing 22-year power and water purchase agreement with ADWEC for the plant s current water and electricity output.
The Al Taweelah A2 power facility entered full commercial operation on October 9, 2001 and is now supplying electricity and water to ADWEC under a long-term power and water purchase agreement.