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 …
Major Power and Water Project to come up in Umm Al Houl
An integrated QR3bn water and power project (IWPP), with a capacity of generating 2520mw electricity and 136.5mlgd (million gallons a day) of potable water will be set up on the southern side of Qatar. The work on the ambitious project, one of the largest in the Middle East region, will …