Latest / DEWA Podcasts / Dubai Electricity and Water Authority PJSC announces record annual revenue of AED 32.84 billion, operating profit of AED 10.99 billion and an unprecedented EBITDA of AED 17.37 billion for 2025
Transcript
- 0:00We begin tonight with major financial news from
- 0:03Dubai. Dubai Electricity and Water Authority
- 0:06PJSC has announced record annual revenue of AED
- 0:1032 .84 billion, operating profit of AED 10 .99
- 0:16billion, and an unprecedented EBITDA of AED 17
- 0:21.37 billion for 2025. These are the highest full
- 0:26-year preliminary financial results in Dubai
- 0:29Electricity and Water Authority's history. Indeed,
- 0:32remarkable figures. The authority also achieved
- 0:35several operational milestones. The highest annual
- 0:39power generation of 62 .21 terawatt hours, highest
- 0:44annual clean power generation of 10 .10 terawatt
- 0:48hours, and the highest annual peak power demand
- 0:51of 11 .39 gigawatts. Additionally, they recorded
- 0:55the highest annual desalinated water demand of
- 0:59161 .5 gigawatts. 505 billion imperial gallons
- 1:03and the highest daily peak water demand of 487
- 1:08million imperial gallons. His Excellency Saeed
- 1:12Mohammed Altayr, Managing Director and CEO of
- 1:15Dubai Electricity and Water Authority, commented
- 1:18on these achievements. He said, We are committed
- 1:21to the highest standards of excellence and sustainability,
- 1:24inspired by His Highness Sheikh Mohammed bin
- 1:26Rashid Al Maktoum, Vice President and Prime Minister
- 1:29of the UAE and Ruler of Dubai, and the directives
- 1:33of His Highness Sheikh Hamdan bin Mohammed bin
- 1:36Rashid Al Maktoum, Crown Prince of Dubai, Deputy
- 1:39Prime Minister and Minister of Defense of the
- 1:41UAE and Chairman of the Executive Council of
- 1:44Dubai, and His Highness Sheikh Maktoum bin Mohammed
- 1:48bin Rashid al -Maktoum, First Deputy Ruler of
- 1:51Dubai, Deputy Prime Minister and Minister of
- 1:54Finance of the UAE. With their guidance, Dubai
- 1:57Electricity and Water Authority will continue
- 2:00to play a decisive role in Dubai's rapid progress.
- 2:03His Excellency Saeed Mohammed Altair, Managing
- 2:07Director and CEO of Dubai Electricity and Water
- 2:10Authority, added, For the year 2025, Dubai Electricity
- 2:15and Water Authority delivered the strongest financial
- 2:18and operational performance in its history, reflecting
- 2:21the resilience of our business model, disciplined
- 2:24execution of our strategy, and sustained growth
- 2:27and demand across Dubai. Record revenue of AED
- 2:3132 .84 billion sustainability remains central
- 2:59to our strategy, with clean power generation
- 3:02exceeding 10 terawatt hours for the first time,
- 3:06reinforcing our progress toward the UAE's net
- 3:09-zero 2050 vision. With profit after tax covering
- 3:13our annual dividend of AED $6 .2 billion by approximately
- 3:181 .46 times, Dubai Electricity and Water Authority
- 3:22continues to offer a well -covered and resilient
- 3:25dividend profile. The consolidated annual revenue
- 3:29increased by 6 .02 % compared to the previous
- 3:32year, while annual profit after tax for the group
- 3:35increased by 25 .66 % to $9 .09 billion AED.
- 3:42In 2025, Dubai Electricity and Water Authority
- 3:46generated 62 .21 TWh of power, up 5 .10 % from
- 3:522024, including 10 .10 TWh of clean power, a
- 3:5852 .38 % increase, making up 16 .23 % of total
- 4:04generation. Peak power demand rose 5 .83 % to
- 4:0911 .39 GW. Desalinated water demand increased
- 4:136 .62 % to 161 .505 billion imperial gallons.
- 4:20By year -end, Dubai Electricity and Water Authority
- 4:23had 1 ,327 ,182 customer accounts, a 4 .48 %
- 4:31rise after adding 56 ,897 new accounts. For the
- 4:36year 2025, Dubai Electricity and Water Authority
- 4:40invested 11 .72 billion AED group -wide, mainly
- 4:45to enhance renewable energy capacity, desalination
- 4:48plants, and transmission and distribution networks.
- 4:52Indeed. Professionally and articulately, by the
- 4:56end of 2025, the company's system -installed
- 4:59generation capacity grew by 4 .66 % to 17 ,979
- 5:06megawatts, with 3 ,860 megawatts of this capacity
- 5:11coming from clean energy sources. Looking ahead,
- 5:14by the end of 2030, Dubai Electricity and Water
- 5:18Authority plans to have a total installed power
- 5:21generation capacity that will exceed 23 gigawatts
- 5:25and 735 million imperial gallons per day of desalinated
- 5:30water. Of this 23 gigawatts, around 8 .3 gigawatts
- 5:35will be from renewable sources, representing
- 5:3736 .1%. Regarding dividends, as per Dubai Electricity
- 5:43and Water Authority's policy, the company expects
- 5:46to pay a minimum annual dividend of AED 6 .2
- 5:50billion in the first five years, starting October
- 5:542022, distributed semi -annually in April and
- 5:58October. A strong performance demonstrates Dubai
- 6:01Electricity and Water Authority's commitment
- 6:04to sustainable growth and operational excellence.