The
Qatar General Electricity & Water Corporation (KAHRAMAA) and GE Power
(NYSE: GE) today signed Principles of Cooperation (POC) for a ‘Power Efficiency
and Fuel Savings Campaign.’
The
POC was signed in Doha by His Excellency Eng. Essa bin Hilal Al-Kuwari,
President of KAHRAMAA and Russell Stokes, President & CEO of GE Power. The
signing ceremony was attended by His Excellency Ryan Gliha, Chargé d’Affaires
ad interim of the US Embassy in Doha; Joseph Anis, President & CEO of GE’s
Power Services business in Africa, India and the Middle East; Ghassan Barghout,
President & CEO of GE’s Gas Power Systems-Sales business in the Middle East
and North Africa; as well as other senior officials of KAHRAMAA, the US Embassy
in Qatar and GE.
KAHRAMAA
President, HE. Eng. Essa bin Hilal Al-Kuwari said, said, “Since its inception
in 2000, KAHRAMAA endeavors to provide efficient, reliable, and sustainable services,
and works through the National Program for Conservation and Energy Efficiency
“Tarsheed” to save resources and achieve energy efficiency as per Qatar
national Vision 2030, and Qatar development plans. GE will help us advance
these efforts further with their solutions and on-the-ground knowledge. Our
cooperation will help better utilize fuel supplies, and reduce
emissions to support sustainable development”
Under
the POC, KAHRAMAA and GE will cooperate to explore ways to drive higher
efficiency, flexibility and fuel savings across Qatar’s power sector by
utilizing the latest technologies in the power generation sector, enhancing the
performance of existing assets, as well as supporting KAHRAMAA in their future
plans. The POC followed talks between KAHRAMAA and GE at the United States-Qatar
Strategic Dialogue held in Washington DC earlier this year in January 2018.
His
Excellency Ryan Gliha stated, “The United States and Qatar have long enjoyed a
strong bilateral relationship and a shared vision for progress. Today’s signing
helps enhance the relations between our two countries even further, laying the
foundation for the transfer of GE’s advanced technology to support the
strengthening of Qatar’s power sector, to the benefit of both industry and
citizens.”
“Qatar
National Vision 2030 defines a clear roadmap for the country’s long-term
development. A central pillar of the Vision is the efficient use of resources
to best serve current and future generations,” stated President & CEO of GE Power, Russell Stokes. “By
enabling the supply of best in class technology and the modernization of existing
power plants, today’s POC will help KAHRAMAA to better utilize fuel supplies,
reduce emissions and improve asset management, transforming Qatar’s power
sector to support the sustainable development goals of the country.”
GE
has over four decades of presence in Qatar, supporting the country’s infrastructure
requirements with its leading solutions for the energy, aviation and healthcare
sectors. The GE Advanced Technology and Research Center (GEATRC) at the Qatar
Science & Technology Park (QSTP) is also driving localized innovation by focusing
on applied research and knowledge transfer in key areas that drive Qatar's
social and economic growth.