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 …
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 …
Qatar Electricity and Water Company’s (QEWC) capital expenditure (capex) is slated to increase substantially to QR7.6bn ($2bn) in 2016-18 against a total QR1.6bn spend during 2012-14, according to Moody’s, a global credit rating agency. “QEWC’s capex has increased to QR1.03bn in 2015 from QR0.76bn in 2014 due to the completion …
Qatar’s power capacity is expected to reach 13,000MW by 2018 and will cater to the country’s ever growing development needs, said Fahad al-Mohannadi, managing director and general manager of Qatar Electricity and Water Company. The existing capacity is around 8,800MW, al-Mohannadi, also the chairman of Umm Al Houl Power Company …
Qatar Electricity and Water Company (QWEC) and Qatar Environment and Energy Research Institute (QEERI) recently signed a Memorandum of Understanding (MoU) to develop science based programs and install pilot tests for the development of desalination facilities to be in line with water security initiatives in Qatar. One of the overall …
Doha, April 19 (QNA) – Qatar Electricity and Water Company (QEWC) has announced its financial results for the first quarter of 2016, ended on 31 March, The company achieved a net profit ( excluding minority shares) amounted to QR 347 million compared to QR 346 million for the same period …
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 …
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 …
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 …
