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 …
Nebras Power expands its presence in Jordan’s Power Sector
Tribune News Network Doha – Nebras Power (Nebras) and its subsidiary Nebras Power Investment Management (NPIM) have entered into a sale and purchase agreement (SPA) to acquire AES Corporation’s (AES) stake in three Jordanian power projects together with Mitsui, the Qatari firm announced in a statement on Sunday. Nebras currently …
Kahramaa, QEWC, Chubu renew partnership deal
Tribune News Network Doha – Qatar General Electricity and Water Corporation (Kahramaa), Qatar Electricity and Water Company (QEWC) and Japanese Chubu Electric Power Company recently signed the 6th renewal of the memorandum of understanding (MoU) of ‘The Partnership Project’ in the presence of Minister of State for Energy Affairs HE …