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Mar 19 2015

RTA becomes first public entity to sign MoU with Etihad ESCO to boost sustainability and green economy

Younes and Stephane posing after the signing the MoU

The step would be of benefit to RTA projects, the business sector and all spectrums of the community through optimizing the use of energy and supporting the clean environment. In doing so, the RTA has effectively become the first government entity to sign such an MoU with the Company.

The MoU was signed at Dusit Thani Hotel in Dubai by Abdul Mohsen Ibrahim Younes, CEO of Strategy & Corporate Governance Sector, Chairman of Energy & Green Economy Committee at the RTA; and Stephane le Gentil, CEO of Etihad ESCO. The MoU aims to identify the potentials & strategies associated with the optimal use of energy through capitalizing on the resources and tools of the Company. It provides for Etihad ESCO to support RTA’s endeavours to slash power consumption by 20% in premises & facilities of the RTA in implementation of recommendations of The Dubai Supreme Council of Energy (DSCE). The Company will also verify the financial & technical feasibility of power-saving projects, and optimize the power use in operations, facilities and systems of the RTA.

According to the MoU, Etihad ESCO will review proposals made by the RTA for saving power consumption, and select activities needed along with the priorities of their implementation in concurrence with the strategic direction of the RTA. The RTA will supply Etihad ESCO with the required inputs enabling it to set economically feasible standards for energy consumption. The MoU also describes the procedure of providing the services of Etihad ESCO to RTA projects through defining the purport of each project phase.

“The MoU echoes RTA’s relentless endeavors to promote the sustainable development through energy conservation, especially as it has an impressive record in sustainability, green economy, and power-saving. Last year the RTA undertook 32 power-consumption initiatives and adopted 8 initiatives for supporting the green economy. The RTA is also commissioning plans, studies and researches to thrash out innovative & sustainable solutions rendering it a key player in this field. It is also engaged in a raft of programs aimed at curbing carbon emissions from its public transport fleet, chalking future plans to enhance the efficiency of power consumption, and accordingly protect the community against any environmental & health hazards. The Dubai Metro and Dubai Tram projects probably demonstrate RTA’s commitment to turn the green economy concept into a reality that enhances the credentials of Dubai in this vital field.

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