Qatar Electricity and Water Company (QEWC) is the first private sector company in the region, engaged in the generation of electricity and desalination of water. It was founded in 1990, as a Qatari shareholding company, in accordance with the provisions of the Commercial Companies Law, for the purpose of owning and operating power generation and water desalination stations and sell their products.
The QEWC is second largest utility in North Africa and the Middle East. It is the main supplier of electricity and desalinated water in Qatar with a market share of 62% of electricity and 79 % of the water. The Company has a electricity generation capacity of 5,432 MW and water desalination capacity of 258 MIGD, while the total power generation capacity in Qatar is 8,750 MW and water desalination capacity is 328 MIGD. The available power generation capacity in Qatar is currently exceeds its requirements by 2,700 MW.
The offer capital of the organization contains one Billion and one hundred Million Qatari Riyals, partitioned into one hundred and ten million offers completely paid. The State of Qatar and its partners possess roughly 52% of the offer capital and whatever is left of the offers, around 48%, are held by organizations and people. The Company is overseen by the Board of Directors comprising of eleven individuals led by H.E. Dr. Mohammed Saleh Al-Sada, Minister of Energy and Industry Affairs, State of Qatar.
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