KAHRAMAA Inks QR 3.1 bln Contracts to Boost Electricity Infrastructure

Doha, May 05 (QNA) - Qatar General Electricity and Water Corporation (KAHRAMAA) has signed roughly QR 3.1 billion contracts to boost the State of Qatar's electricity infrastructure.

HE Minister of State for Energy Affairs Saad bin Sherida Al Kaabi attended the signing of the four strategic contracts with Elsewedy Cables Qatar Company (Qatar), Voltage Engineering Ltd. Co. W.L.L (Qatar), Best and Betash Consortium (Turkiye), and Taihan Cable & Solution (South Korea).

Under the new deals, seven high-voltage substations will be set up and 212 km-long underground cables and overhead lines will be provided to connect the substations.

Senior KAHRAMAA executives and representatives of the participating companies were also present.

HE Al Kaabi hailed KAHRAMAA's efforts in meeting the growing electricity requirements saying: "Today's signings are a reflection of our commitment to implement effective and comprehensive plans for our strategic projects that would ensure our networks' continued and sustainable ability to accommodate the unprecedented growth of the power sector and meet the increasing electricity demand".

Meanwhile, HE KAHRAMAA President Abdulla bin Ali Al Theyab affirmed that the signing of these contracts is an important move towards further developing Qatar's electricity networks infrastructure.

"We are proud to collaborate with highly qualified national and international companies, and to stress our commitment to strengthening strategic partnerships and supporting the local economy. The awarding of the largest share of these contracts to Qatari companies reflects our great confidence in the capabilities of the local private sector and its pivotal role in achieving our development vision and achieving Qatar National Vision 2030," he said.

Under these contracts, these companies will undertake the construction of electrical substations and the connection of cables and overhead lines, as well as the development of some existing substations to increase their capacity.

In line with KAHRAMAA's policy of encouraging Qatari companies and in accordance with the state's strategies to promote the private sector, the share of Qatari companies accounts for 58.4% (QR 1.8 billion) of the total value of these strategic contracts. (QNA)