Qatar Power Signs QR400 MM Contract with
Siemens, Umm Al Houl Power Plant to Open in February 2019.
December 20, 2018
Qatar Power Company signed an extension for a
long-term maintenance contract with Siemens, worth QR400m for 15
years, as part of the relations between Qatar and Germany and
plans to develop these relations in all economic, political and
trade aspects.
The contract was signed by Qatar Power
Executive Managing Director Fawaz Abdulaziz Al Baker and CEO of
Siemens Qatar Adrian Wood. The signing ceremony was attended by
Managing Director and Member of the Board at Qatar Electricity
and Water Company (QEWC) Fahad bin Hamad Al Mohannadi, who is
also Chairman of Qatar Power Company, in addition to members of
the board and Senior Executive Deputy Chairman of Siemens Power
Generation Services in the Middle East and North Africa,
Gianluigi Di Giovanni, and His Excellency Ambassador of Germany
to Qatar.
On the sidelines of the signing ceremony,
Fahad bin Hamad Al Mohannadi said that the $3 Billion Umm Al
Houl power station currently operates at its full capacity and
will be open in February 2019. He said QEWC is undergoing two
activities within the solar energy sector, the first will kick
off at the beginning of 2019, and by the end of 2020 the first
solar energy station will operate with a capacity of 350
megawatts. The second will include a second station of 350
megawatt capacity, resulting in a total of 700 megawatts by
mid-2021.
Al Mohannadi added all projects at QEWC are
always offered through tenders, and there are about 16 companies
that have been qualified to enter projects related to solar
energy. The companies will compete for a 25 year electricity
purchase contract and long-term contracts will be awarded to
companies offering competitive prices. Al Mohannadi pointed out
that Siemens operates 40 percent of the power plants supervised
by QEWC.
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