Schon Properties has announced that the 132-11 kVA Dubai Lagoon substation, for which the developer had invested Dh48 million, has been completed by Dewa and is ready to be commissioned.
The developer said it is committed towards the prompt completion of all infrastructure, which will facilitate the delivery of a major public utility among the tenants, leading up to the scheduled handover of the project, with Zone 1 slated for end-2010.
Dewa and Schon Properties have anticipated the extent of power required for a master community like Dubai Lagoon to reach 65 to 70 megawatts, it added in the statement. However, the substation has been constructed with a total capacity of 108MW to accommodate any additional requirements, and was completed by Dewa in a span of 20 to 24 months.
Danial Schön, Vice-President, Schon Properties, said: "Dewa has been most supportive in helping us in our goal to provide uninterrupted electricity to homes and offices, which will ensure convenience and security for all our investors."
In addition to the completion of the substation, other latest updates on the project include the completion of the superstructure and the on-going block works on Zone 1.
In addition, the main contractor for Zones 2 and 4 has already commenced work on Zone 2 and is gearing up to start with Zone 4 in a month's time, with structure and block work estimated to be finished by end-2011 and total completion and handover of the zone by end-2012.
Construction on the structure of Zone 3 has reached the third floor slab, with the zone's main contractor aiming to complete the project by the end of next year.
By Staff Writer
© Emirates Business 24/7 2010
