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Qatar’s Nebras launches commercial activities in 2014

26 Dec 2013

(MENAFN) The Qatar Electricity and Water Corporation (QEWC) has announced that Nebras Power Company, QEWC”s recently established shareholding company plans to start its commercial activities in 2014, according to the Peninsula Qatar.

Fahad Hamad Al Mohannadi, General Manager of QEWC, said that the company eyes big investment opportunities both regionally and globally.

Al Mohannadi said: “The company is currently working on a five-year plan which would be implemented from the first Quarter of next year. As of now, QEWC has two different streams to invest in electricity and water sector. While the first investment model is local-focused through QEWC, the second investment would be made in international destination through Nebras Power.”

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