This transaction is in line with QEWC
's strategy to invest in the international market through its subsidiary Nebras Power which it owns 60% of its shares, while QEWC
focuses on investments in power generation and water desalination in the Qatari market," said Fahad Hamad Al Mohannadi.
Al-Mohannadi said QEWC
was planning to invest in electricity generation from solar energy through existing stations or new ones.
A report by Gulf Times , citing Qatar Electricity and Water Company (QEWC
) general manager Fahd al-Mohannadi's remarks to local daily Al-Sharq , added that QEWC
also plans "to invest in electricity generation from solar energy through existing stations or new ones".
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.
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.
In the new project, the stake holders are QEWC
(60%), Qatar Petroleum (5%), Qatar Foundation (5%) and Mitsubishi Corporation (30%).
Mohammed bin Saleh Al-Sada, the Minister of Energy and Industry, by Fahad Hamad Al Mohannadi, General Manager of QEWC
, Nasser bin Khalil Al-Jaidah, CEO of QPI, and H.
Japan firms to build Oman plant DUBAI: Oman has signed a contract for Qatar's QEWC
, Japan's Marubeni and Chubu Electric Power to build a 2,000-megawatt (MW) power plant on the eastern tip of the Arabian Peninsula, Oman's state news agency said.
reported that QEWC
had recently AoprequalifiedAo for a Dubai-based 1,500 megawatt (MW) electricity generating station in Gulf neighbour, the
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.
Rather than opting for state control or transferring management of the power sector to a foreign company, the government decided QEWC
should be a distinctly Qatari company.