Qatar General Electricity & Water Corporation “KAHRAMAA” signed on Wednesday 7/2/2018 two call-off agreements for supply of LV, 11 KV & pilot power cables with Doha Cables and Qatar International Cables Company (QICC) for two years at a total cost of QR 1.9 billions.
The signing ceremony was attended by KAHRAMAA President H.E. Eng. Essa bin Hilal Al-Kuwari, H.E Sheikh Faisal Bin Qassim Al-Thani, Chairman of Doha Cables, H.E. Sheikh Fahd bin Hamad Al-Thani, for QICC, and a number of KAHRAMAA and suppliers’ officials.
The value of the contract KAHRAMAA signed with Doha Cables exceeds QR 1.240 b. (Qatari Riyals: One Billion Two Hundred Forty Million) while the contract with QICC values QR 640 millions. The total cost for the two contracts QR 1.880 billions (Qatari Riyals: One Billion Eight Hundred Eighty Million). The total length of the cables is 10.000 km.
The agreements aim to meet KAHRAMAA needs of cables under the high electricity demand and the development Qatar witnesses.
Under the call-off agreement, the supplier provides materials to KAHRAMAA within two days of the order. KAHRAMAA has call of contracts with various companies.
KAHRAMAA floated the tender in August 2017, and awarded in January 2018. 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. The opportunities KAHRAMAA offers for local companies and investors in the coming five years (2018-2023) values QR 6 – 7 billions.