Qatar Electricity & Water
Date of Establishment: 1990
Managing Director and General Manager: Mohammed Nasser Al-Hajri
Market Value: $5.2 billion
Qatar Electricity and Water is the country’s main supplier of electricity and desalinated water. The Qatar government owns approximately 60% of the company. 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.