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"ADWEA, in its 5-year plan, took a decision to build three new water and electricity plants to meet demand and keep up with new projects," he added.
Abdullah Saif Al Nuaimi, Adwea CEO, said: "By the last quarter of 2010 the F2 Qidfa plant with 2,000 megawatts capacity and 130 million gallons of water will cover the shortages of water and electricity across the UAE.
The agreements, signed last week in Muscat, include the shareholder accords among ADWEA, OOC and Alcan.
ADDC has introduced the new payment mechanisms in realisation of the directives of Abu Dhabi Government and ADWEA aimed at improving the water and electricity services to cope with the emirate's booming economy and growing population.
Adwea, which produces and supplies potable water, electricity and sewerage services throughout the emirate of Abu Dhabi to a population of more than 1.5 million, last year raised Dh8 billion to fund the Shuweihat S2 project.
"In accordance with the law, ADWEA and the RSB will, effective February 20, 2018, be under the newly created department of energy," the spokesman of the Abu Dhabi Department of Energy told Reuters.
ADWEA has invited developers and larger groups to submit their interest in the project, according to an independent product model applied by the authority within the privatisation programme, in partnership with the private sector.
Abu Dhabi: New projects by Masdar and Abu Dhabi Water and Electricity Authority (Adwea), as well as Saudi Arabia's renewable and nuclear plans, were in focus during the World Future Energy Summit (WFES) that ended on Thursday.
According to Adwea, the project will be built in the Al Taweelah Power Complex, 45 kilometres north of Abu Dhabi, and produce 200 million gallons of water per day using a reverse osmosis technology, reported Emirates news agency Wam .
The Abu Dhabi Water and Electricity Authority (ADWEA) on Tuesday announced the launch of the desalination plant, slated to produce 200 million gallons of water per day using the reverse osmosis technology.
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