Prime Minister and Minister of Interior HE Sheikh Abdullah bin Nasser bin Khalifa al Thani on Thursday formally laid the foundation stone for the QR11 billion Umm Al Houl power project. Dubbed as one of the largest power and water projects in the region, it will have a production capacity …
QEWC’s AGM Gives Approval for QR. 825m Cash Dividend
DOHA: Qatar Electricity and Water Company (QEWC) yesterday held its Annual General Assembly (AGM) and approved the Board of Directors’ recommendation to distribute a cash dividend of QR825m (about $226.55m) to its shareholders for the last financial year ended December 31, 2015. The board had decided to offer a recommendation …
QEWC Sales Increased 3% in 2015
DOHA: Qatar Electricity and Water Company yesterday announced 3 percent rise in sales at QR2,983m for the year ended December 31, 2015 compared to QR2,898m for 2014. The Board of Directors of the company held its first meeting for the year 2016 yesterday at the Torch Doha Hotel which was …
Nebras Power Acquires QEWC Stake in Oman Power Firm
Doha-headquartered Nebras Power has entered into an agreement to acquire Qatar Electricity and Water Company’s (QEWC) stake in Oman-based Phoenix Power Company amounting to 9.75% and Phoenix Operating and Maintenance Company amounting to 15%. The acquisition is expected to be completed in January 2016. Phoenix Power Company owns the Sur …
Joint Venture to Generate Electricity from Solar Power
Qatar Petroleum (QP) and Qatar Electricity and Water Company (QEWC) are establishing a joint venture for the generation of electricity from solar power. The joint venture, which will have 40% stake by QP and the remaining 60% by QEWC, is aimed at diversifying the sources of energy production and increasing …
Nebras Power Acquires QEWC Shares in AES Oasis Ltd
Doha, December 01 (QNA) – Nebras Power has announced that it has entered into an agreement to acquire Qatar Electricity and Water Company (QEWC) stake in AES Oasis Ltd, which owns a 60 percent stake in AES Jordan HoldCo Ltd, which owns the Al Mnakhir independent power plant located in …
QEWC’s Production to Reach 11,000 MW in First Half of 2018
Doha, November 10 (QNA) – The Qatar Electricity and Water Company and its subsidiaries is currently producing more than 8,600 megawatts, and this production will rise to about 11,000 megawatts in the first half of 2018, said Fahad Al Mohanadi, General Manager & Managing Director of Qatar Electricity and Water …
Al Sada Highlights QEWC Role in Supporting Development Efforts
Doha, November 10 (QNA) – HE the Minister of Energy and Industry, The Chairman of Qatar Electricity and Water Company (QEWC), Dr Mohammed bin Saleh Al Sada said that QEWC plays an important and vital role in supporting economic development efforts and the overall boom in the State of Qatar, …
H.E. Prime Minister Opens Ras Abu Fontas A2 Plant
Doha, November 10 (QNA) – HE Prime Minister and Interior Minister Sheikh Abdullah bin Nasser bin Khalifa Al-Thani on Tuesday morning opened Ras Abu Fontas (RAF) A2 plant project and laid the foundation stone for Ras Abu Fontas (RAF) A3 project in Al Wakrah. A number of Their Excellencies the …