Qatar is set to develop a major new power and water facility valued at QR13.5 billion (approx. $3.7 billion) to support the country’s growing population and expanding economy.
The Ras Abu Fontas plant, located in the coastal industrial areas of Doha, will have a capacity of 2,400 megawatts (MW) of electricity and 110 million gallons per day (MGD) of desalinated water. It is expected to supply 23% of Qatar’s total power needs and 20% of its water production once fully operational.
Qatar General Electricity and Water Corporation (Kahramaa) announced the signing of an agreement with the Luluah Sky Energy Holding consortium for the project. The consortium includes QatarEnergy, Qatar Electricity & Water Company Q, and Japan’s Sumitomo Corporation.
The project will be commissioned in three phases:
April 2028: 836MW of power generation to come online
August 2028: Water production to reach 110 MGD
June 2029: Full operational capacity
The new facility aims to address increasing demand, with Qatar’s population reaching 2.7 million in 2023, up from 2.2 million in 2014. Meanwhile, the country’s GDP is forecast to rise to $226 billion in 2024, up from $180 billion in 2021.
Source: agbi.com
