DEWA International Signs Deal With Shanghai Electric
The memorandum sets a framework for jointly pursuing energy and water projects through tenders and investment.
Updated on Nov. 1, 2026 in Oil and Gas
DEWA International, the global arm of Dubai Electricity and Water Authority, signed a Memorandum of Understanding with Shanghai Electric to explore energy and water projects. The MoU was signed by Waleed bin Salman and Shen Bing at a ceremony attended by Jin Xiaolong, Vice President of Shanghai Electric Group.
Why it matters
The agreement is part of DEWA International's effort to strengthen strategic partnerships with leading global organisations. It gives both sides a structured route to identify and develop projects in energy and water.
The source reports no quantitative figures for the agreement, so its scale in capital or capacity terms is not stated. Specific project values and the number of tenders the partners may pursue remain undisclosed.
The players
DEWA International
The global arm of Dubai Electricity and Water Authority, responsible for pursuing international energy and water projects and partnerships.
Shanghai Electric
A Chinese industrial group active in power generation and equipment, which sought this partnership to participate in energy and water projects abroad.
Waleed bin Salman
Executive Vice President of Business Development and Excellence at DEWA and Vice Chairman of DEWA International, who signed the MoU for the Dubai side.
Shen Bing
President of Shanghai Electric Power Generation Group, who signed the MoU for the Chinese side.
The details
The MoU establishes a framework for identifying, evaluating, developing and structuring potential projects, and covers participation in and investment through tenders. The signing took place in Dubai, home city of DEWA.
Timeline
- November 1, 2026: DEWA International and Shanghai Electric sign the Memorandum of Understanding.
Oil and Gas Context
The agreement extends Chinese industrial participation in Gulf energy and water infrastructure, a pattern associated with China's Belt and Road Initiative. It positions a Chinese power-generation group alongside a Dubai utility for projects structured through tenders.
For end users, the agreement does not change prices or service today, since it only establishes a framework to identify and evaluate projects. Any effect on utilities or energy costs would depend on specific projects that are not yet defined.
The takeaway
Partnerships of this kind move through identification, evaluation and tender stages before any project is built, so near-term results should be read as preparatory. Watch for specific tenders or announced projects to judge whether the framework produces concrete work.
Further reading
For more on the energy sector, explore Oil and Gas coverage.
