QNA Doha – Qatar Electricity and Water Company (QEWC) reported a net profit of QR1.53 billion for 2018, compared to QR1.61 billion in 2017, the company announced in a statement on Sunday. QEWC said sales during the year 2018 reached QR2.60 billion, against QR3.07 billion for 2017. The earning per share …
QEWC, Siemens sign MoU to train Qatari engineers
Tribune News network – Doha Qatar Electricity and Water Company (QEWC) and Siemens signed a memorandum of understanding (MoU) on Monday, to cooperate on exploring opportunities for training Qatari engineers. The MoU also supports the development of local engineering talent, boosts knowledge transfer and enhances the maintenance and operational efficiency of …
QEWC posts net profit of QR1.15 bn in nine months
QNA – Qatar Electricity and Water Company (QEWC) on Wednesday announced net profit of QR1.15 billion for the first nine months of 2018, compared to QR1.31 billion for the same period in 2017. The earning per share (EPS) amounted to QR10.51. The financial statements showed sales of QR2.01 billion, compared …
Nebras to develop 800 MW power project in Indonesia
Strengthening its presence in Southeast Asian market, Qatar’s Nebras Power has signed an agreement with Indonesia’s Perusahaan Listrik Negara (PLN) and PT Pembangkitan Jawa-Bali (PJB), to develop 800 MW power plant on Sumatra island, a press statement said on Monday. According to the heads of agreement (HOA), signed recently in …
QEWC and Q-Post Sign MoU
Qatar Electricity and Water Company signs deal with Q-Post to boost materials supply QEWC’s recently announced Facility E project, also known as Ras Rakan, will provide 2,000 to 2,500 MW of electricity and 100 million gallons of water at a cost of $3 billion, which is nearly the same as …
PM Lays Foundation Stone of Umm Al Houl Power Project
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 …
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