QEWCQatar Electricity and Water Company (Doha, Qatar)
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QEWC also has an 80% share in Ras Laffan Power Company (RLPC), with a 750MW capacity; a 55% share in QPower (1,025MW); a 40% stake in MPower (2,007MW); and a 45% share in RGPC (2,730MW).
To fulfill the expected future demand for water, a number of new infrastructural development projects are being undertaken by KAHRAMAA and the construction of the Ras Abu Fontas A2 Desalination plant is part of QEWCs plan to meet this demand.
Fahad Hamad Al Mohannadi, general manager of QEWC said, "The interest in alternative energy sources and solar energy in Qatar is present and growing.
Despite the growing role of other private investors in power generation, QEWC still plays the leading role in the sector and holds equity in several IWPPs.
Observing that Qatar is pursuing its own programme; Apicorp said most power generation comes from IWPPs and IPPs (independent power producers) but with QEWC holding majority shares.
The new fund will be run by Qatar Holding, Qatar Petroleum International and Qatar Electricity and Water Company , with a formal agreement to set up the vehicle to be signed later on Monday, a bourse filing from QEWC said.
The International Company for Power & Water Projects, KEPCO, and Samsung C&T comprised the third consortium and the fourth consortium comprises QEWC, QPI, and Siemens Project Ventures.
In 2010 Qatari media ran multiple news items about QEWC working closely with Syrian-Qatar Holding, a joint venture set up by the two
Demand is about 5,100 MW, and could grow to 8,500 by 2015, according to state-run utility QEWC, which is also known as Kahramaa.
Summary: Co QEWC is expanding its own capacity base apart from other joint venture projects.
QEWC, which is capitalised at QR 1 billion ($275 million) is 43 per cent owned by the state and 57 per cent by the Qatari public.
The organisaton also bade farewell to Thankachan who is leaving Qatar after 30 years' service in QEWC.