Qatar Electricity & Water Co.
Rank: 9
Sector: Utilities
Date of establishment: 1990
Market value : $5.13 billion
Name: Mohammed Nasser Al-Hajri
Designation: Managing Director and General Manager
Qatar Electricity and Water has 62% of the market share in electricity and 79% of the market share in water. The Qatar government owns approximately 60% of the company. The company has subsidiaries including Ras Laffan Power, Qatar Power, Mesaieed Power and Ras Girtas Power. In 2021, the company, through its joint venture Nebras Power, expanded into Ukraine through the acquisition of six solar projects and a partnership agreement with UDP Renewables and UFuture. It also signed an agreement with Unique Hotel and Resorts to acquire 24% of Unique Meghnaghat Power Limited in Bangladesh.