Richard Menezes

Richard Menezes

Managing Director @ Investor (Utico)


Beyond the UAE, where Utico holds the title of being the largest full service private utility, the company also qualifies as a major full service utilities provider in the greater Middle East region. Utico is also one of the leading green companies in the UAE, as the only company to have obtained ISO 50001 certification for Energy management from Quality Austria.

One of the 27 companies of the Abu Dhabi based Ghantoot Group, whose turnover is over USD 2.8 billion & has diversified into infrastructure(Roads, Pipelines, Reservoirs, Land development etc..), manufacturing, construction, real estate developments, Hotels and Utilities..

Utico is also a leading Utility, Infrastructure Developer & EPC (engineering, procurement and construction) contractors in the country.

We are also an ISO certified organization having ISO 9001:2008, ISO 14001:2004 and OHSAS 18001:2007.

Incorporate in 2005, Utico has grown into generating and meeting the needs of power and water to an area of 300 square kilometres with a population of over 100,000.

The company is investing over US$ 300 million to set up a 300MW coal based power plant with carbon capture – The First in Middle East.

Utico’s business operation includes generation, transmission, distribution, billing, collection and customer service. It also designs, engineer, procures, install, test and commission water desalination and power generation plants. It was incorporated in 2005 in Ras Al Khaimah, United Arab Emirates. In the short span of seven years it has grown to generating and meeting the needs of water and power to an area of 300 sq km with a population of over 75,000.

Core Sectors we engage in:

  • Water Production
  • Power Production
  • Waste Water Treatment
  • EPC & Investment Projects

The six core values of the company include total customer satisfaction, full service utility, being environmental friendly, team work, innovation, social responsibility.