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Wed 4 May 2011 07:12 PM

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Qatar cancels plans to build Syria power plants

Qatar Electricity & Water Co says no formal agreement signed as unrest in Syria continues

Qatar cancels plans to build Syria power plants
Qatar Electricity & Water Co (QEWC) has cancelled plans to build two power plants in Syria. (Getty Images)

Qatar Electricity & Water Co

(QEWC) has cancelled plans to build two power plants

in Syria, a spokesman said on Wednesday.

"Only a memorandum of understanding was signed. We had not

entered into any (formal) agreement," a company spokesman said,

declining to give more information.

Syria has been racked by six weeks of pro-democracy

protests, which have sometimes turned violent and have claimed

the lives of more than 500 people so far.

Qatari media reported last year that QEWC and Syrian-Qatar

Holding, set up by the two countries with $5 billion in capital,

would develop two 450 MW gas-fired power plants in Syria in a

project valued at $1 billion.

The project would have involved building plants in the the

northeastern town of Swedeih and the industrial area of Adra,

close to Damascus.

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