Kahramaa signs QR1.9bn deal for supply of power cables
February 07 2018 09:32 PM
Kahramaa
Sheikh Fahd bin Hamad bin Jassim al-Thani, Essa bin Hilal al-Kuwari, and Sheikh Faisal bin Qassim al-Thani at the signing ceremony on Wednesday.

Doha

Qatar General Electricity & Water Corporation (Kahramaa) on Wednesday signed two call-off agreements for supply of LV, 11 KV and pilot power cables with Doha Cables and Qatar International Cables Company (QICC) for two years at a total cost of QR1.9bn.
The signing ceremony was attended by Kahramaa president and senior engineer Essa bin Hilal al-Kuwari, Doha Cables chairman Sheikh Faisal bin Qassim al-Thani, QICC's Sheikh Fahd bin Hamad bin Jassim al-Thani and a number of officials.
The value of the contract Kahramaa signed with Doha Cables exceeds QR1.24bn while that with QICC is QR640mn. The two contracts are valued at QR1.88bn, while the total length of the cables is 10,000km.
Under the call-off agreement, the supplier provides materials to Kahramaa within two days of the order. Kahramaa also has call-off contracts with various companies.
Kahramaa floated the tender in August 2017, and awarded the contract last month. The two companies were selected as the best offers.
Kahramaa approves the economic innovation and works as per Qatar strategy to encourage the local market. Kahramaa is offering opportunities to local companies and investors in the coming five years (2018-2023) valued at approximately QR6-7bn.



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