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In March 1998, the enactment of Law No. 2 of 1998 established and created the Abu Dhabi Water and Electricity Authority (ADWEA), under the oversight of the ADWEA Board of Management. The principal goal and objective of ADWEA is the privatization of the Water & Electricity Industry in Abu Dhabi.

In 1966, the Government of Abu Dhabi established the Water & Electricity Department to provide safe and reliable supplies of water and electricity for delivery to consumers in order to promote the social and economic development of the Emirate of Abu Dhabi.

By 1996, the Water & Electricity Department had grown to an installed capacity of nearly 3000MW and 200 million gallons of desalinated water per day. In addition, the Water & Electricity Department carried a multinational compliment of technical and support staff of more than 15,000 employees.

Demand Forecasts were predicting future shortfalls in the supply of electricity, thereby requiring further investment by the government for capacity expansion.

These forecasts when coupled with the ever-increasing costs for operations and maintenance activities prompted the Government to look for alternatives to further government investment in the industry. ...عرض أقل