International Banks Finance the Expansion of Umm Al-Houl Station by about QAR 1.6 Billion

September 11, 2019

Eng. Jamal Ali Al-Khalaf, CEO of Umm Al-Houl Power Plant, a subsidiary of Qatar Electricity & Water Company (QEWC), has revealed that eight international banks have entered into the process of financing the expansion of the Umm Al-Houl Power Plant project, estimated at QAR 1.6 billion ($ 444 million).

The CEO of Umm Al-Houl said during a tour of «Lusail» in the new expansion project in the plant, that local companies contribute significantly to the expansion of about 30% of the total contracting project, adding that the project was keen to select the best international companies and contractors.