Tribune News Network – Doha In celebration of the true spirit of the Holy Month of Ramadan, QEWC and IPP companies organised a suhour for their employees at the Sheraton Grand Doha Resort & Convention Hotel recently. More than 400 employees attended the event along with the executive management from …
Kahramaa, Umm Al Houl Power in deal to boost water desalination capacity
Tribune News Network – Doha – The General Electricity and Water Corporation (Kahramaa) and Umm Al Houl Power Company has signed an amendment to their agreement on the provision of electricity and water. The amendment will increase water desalination capacity by 61.5 million gallons per day (about 280,000 cubic metres), …
QEWC’s blood donation drive evokes amazing response
Tribune News Network – Doha – QATAR Electricity and Water Company (QEWC), in cooperation with Hamad Medical Corporation (HMC), organised a blood donation drive in Ras Abu Fontas Power and Desalination Plant recently, under the motto “Saving One Life Is As If Saving Whole of Humanity…” – Quran 5:32”. The drive evoked …
QEWC posts QR309 mn net profit in 2019 Q1
Tribune News network – Doha – Qatar Electricity and Water Company (QEWC) has reported a net profit of QR309 million for the first quarter ending March 31. The earning per share (EPS) amounted to QR2.81, the company said in a statement on Monday. The Q1 2019 showed sales of QR539 million. …
QEWC aims to generate 40% profit from Nebras Power: MD
Doha – Qatar Electricity and Water Company (QEWC) aims to generate 40 percent of its profit from foreign investment arm Nebras Power, the company’s top official has said. “We have a business plan for the next 10 years to diversify our sources of income. Nebras Power has a big role to …
Amir inaugurates Umm Al Houl Power Plant
QNA Doha: Amir H H Sheikh Tamim bin Hamad Al Thani attended the inauguration of Umm Al Houl Power Plant, during a ceremony held by Qatar Electricity and Water Company in Umm Al Houl today. The Amir placed the magnetic piece in the logo of the power plant to officially …
QNBFS maintains accumulate rating on QEWC, terms it a long-term play
Doha – QNB Financial Services (QNBFS) has said in its latest report that it maintains accumulate rating on Qatar Electricity and Water Company (QEWC) with a price target QR209. “We continue to like QEWC as a long-term play with a defensive business model. QEWC enjoys a solid long-term growth profile …
QR11bn Umm Al-Houl Power project to be inaugurated soon
By Lani Rose R Dizon I The Peninsula Amir H H Sheikh Tamim bin Hamad Al Thani will soon inaugurate the QR11bn Umm Al-Houl Power project, which is one of the largest desalination and power generation plants in the region, Minister of Energy Affairs and Chairman of Qatar Electricity and …
Siraj Solar Energy project to produce 700MW in 2021
QNA/Doha The “Siraj Solar Energy” project is expected to produce about 700 MW of electricity in the fourth quarter of 2021, HE the Minister of State for Energy Affairs and Chairman of Qatar Electricity and Water Company Saad bin Sherida al-Kaabi has said. Addressing the Extraordinary and Ordinary General Assembly …