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Dubai Utility Gets Record Low Bid to Build Solar-Power Plant

  • DEWA to evaluate bid before publicly announcing winner: CEO
  • Emirate pushing faster into renewables with 900-megawatt plant

Dubai Electricity & Water Authority selected a contractor that submitted a “record” low bid to build a 900-megawatt solar-power plant in the emirate, Chief Executive Officer Saeed Mohammed Al Tayer said.

The contractor, which Al Tayer declined to identify, bid 1.7 cents per kilowatt-hour for the photovoltaic plant. The decision requires a lengthy evaluation before DEWA can publicly announce the winner, he said Sunday in an interview.