Company Overview of Qatar General Electricity and Water Corporation
Qatar General Electricity and Water Corporation, also known as KAHRAMAA, buys, distributes, and sells electricity and water in Qatar. The company formulates power and water purchase agreements, and provides technical and corporate support for establishment of generation and desalination ventures; owns, constructs, and operates electricity and water transmission and distribution networks; designs set-up plans and programs for the development of electricity and water transmission and distribution networks; provides lay out regulations, standards, and codes of practices for electricity and water supplies to buildings and facilities; and offers consultancy services related to its activities and ...
Founded in 2000
Key Executives for Qatar General Electricity and Water Corporation
Compensation as of Fiscal Year 2015.
Qatar General Electricity and Water Corporation Key Developments
Qatar Electricity and Water Corporation Reports Earnings Results for the First Nine Months of 2015
Oct 21 15
Qatar Electricity and Water Corporation reported earnings results for the first nine months of 2015. For the period, the company's revenue was up 1% to QAR 2,209 million, compared to QAR 2,184 million during the same period of last year. Net profit however was down 2.5% to QAR 1.14 billion, compared to QAR 1.17 billion. Earnings per share (EPS) were QAR 10.37, compared to QAR 10.63 during the same period of last year.
Qatar General Electricity and Water Corporation Signs QAR 1.4 Billion Deal for Logistics Zone Project
Sep 17 15
The logistics committee at the Ministry of Economy and Commerce (MEC) and Qatar General Electricity and Water Corporation (Kahramaa) have signed a deal worth QAR 1.4 billion for the supply of water and electricity to the Logistics Zone project located in the southern part of the country. The agreement was signed by Essa bin Hilal al-Kuwari, chairman of Kahramaa, and Fahad Rashid al-Kaabi, chief executive officer, the Economic Zones Company (EZC). Aimed at promoting competitiveness in the commercial sector and encouraging the private sector to contribute effectively to the National Development Strategy in accordance with Qatar National Vision 2030, the project is the logistics and industrial project in the south of the country.
Kahramaa Signs Deals for QAR 3 Billion Power Project
May 25 15
Qatar General Electricity & Water Corporation (Kahramaa) signed an agreement for a QAR 3 billion power and water desalination project. The project will have production capacity 2,520MW of electricity and 136m gallons of water per day to meet the rising demand. Kahramaa owns 60% of the project, while Qatar Petroleum and Qatar Foundation own 5% each. The remaining 30% stake is owned by Mitsubishi Corporation and Tokyo Electric Power Company. Total power capacity will reach around 11,000MW after completion of the project. Mitsubishi Corporation is the developer of the project. Kahramaa has launched a project this month to provide generators to people in case of outages and said power consumption usually increases during summer.
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