Expansion of RAF A3 to be completed soon

qewc News

The ongoing expansion of Ras Abu Fontas A3 (RAF A3) Project on the southern side of Doha is expected to be completed this quarter, it was reported at the Annual General Meeting of the Qatar General Electricity and Water Company (QEWC) yesterday. With the completion of the expansion, the plant …

QEWC posts Net Profit of 1.54 billion

qewc News

QEWC registers net profit of QR1.54bn. Qatar Electricity and Water Company (QEWC) has posted a net profit of QR1.54bn in 2016 compared to QR1.5bn in the year before.The company has seen a 4% increase in its sales to QR3.1bn last year compared to QR2.99bn in 2015. Earnings per share (EPS) …

QEWC, Kahramaa & Chubu renew partnership

qewc News

Qatar Electricity and Water Company (QEWC), Qatar General Electricity and Water Corporation (Kahramaa), and Japanese Chubu Electric Power Company signed the 5th amendment of the memorandum of understanding (MoU) of ‘The Partnership Project’ among them. The MoU was inked in the presence of the Minister of Energy and Industry H …

QEWC reports 8% increase in y-o-y net profit to QR1.23bn

qewc News

QEWC’s net profit translates into an earnings-per-share of QR11.21 on sales of QR2.33bn in the first nine months of this year. Qatar Electricity and Water Company has reported an 8% increase in its year-on-year net profit to QR1.23bn, translating into earnings-per-share of QR11.21 on sales of QR2.33bn in the first …

QEWC arm Nebras Power opens solar power project in Jordan

qewc News

Nebras Power, a subsidiary of Qatar Electricity and Water Company (QEWC) with a paid up capital of $1bn, yesterday said its consortium has operationalised the Shams Ma’an solar power project in Jordan, ahead of schedule.The project, which started commercial operation in September 2016, will sell electricity to National Electric Power …