Emicool wins district cooling system contract for AKOYA by DAMAC project

Emicool is consistently augmenting its capacity to boost its market presence.

Emirates District Cooling LLC (Emicool), a major district cooling service provider in the region, and a joint venture of Dubai Investments PJSC and Union Properties, has been awarded a multimillion concession contract for 25 years as the exclusive supplier to provide full-fledged district cooling service system for the AKOYA by DAMAC project.
The contract covers chilled water system for all residential buildings within the AKOYA development.
Emicool will deliver 15,340 tons of refrigeration (TR) chilled water from its plant at Hessah Street to the AKOYA site through pipes, valve chambers and heat exchangers stations.
The new contract, which will cater to more than 2,500 customers once the project is complete, is set to increase Emicool’s productive capacity by 5 percent escalating the refrigerating tons per hour (RTH) production to 440 million RTH by the end of 2017.
Apart from providing chilled water, Emicool will also supply the British Thermal Unit (BTU) meters to the AKOYA buildings to monitor and measure the energy usage and carry out billing services once the buildings are occupied.
Emicool’s CEO Adib Moubadder said: “The demand for district cooling services across the UAE continues to rise amid burgeoning construction. The benefits of district cooling are evident and master planners are increasingly incorporating district cooling systems in their projects. As one of the leading players in the domain, Emicool is consistently augmenting its capacity. The company is privileged to be associated with the DAMAC’s iconic development in the UAE, which is a major step forward in its strategic expansion.”
The AKOYA project will provide a major push to Emicool’s planned capacity expansion to over 500,000 TR by 2020. The company’s roadmap in the coming years includes expansion of operations to Saudi Arabia and Qatar.
Al-Nasr Contracting’s MD Majed Yousef said: “Emicool’s confidence in Al-Nasr is a special obligation for us.”