Significant spending ahead as Qatar plans expansion of power and water infrastructure.
The Qatar General Electricity and Water Corporation (Kahramaa) has announced its US $3.5 billion budget for 2007 – the largest sum the company has ever earmarked for works. The budget includes US $357.3 million for water infrastructure and water network development projects, as well as US $2.1 billion set aside for electricity infrastructure and electrical network development projects.
“The current year will witness a 113% increase in Kahramaa’s electricity network expansion,” said Ali Al Jomali, acting manager of Kahramaa’s electricity network planning.
“We are planning a 169% increase in the next financial year. In 2008, Kahramaa will set up 40 additional substations, [totalling] 191. Currently Kahramaa has 75 running substation projects. The works to lay cable line along 2 025 km are in progress.”
Detailing the investment scope in Kahramaa’s future transmission expansion, electricity project manager, Abdul Hameed Jahani said the company is planning to develop around 30 further substations, as part of phase eight of the expansion, between 2010 and 2012.
In addition, Kahramaa has set aside US $473 million exclusively for its West Bay projects. West Bay is an area of significant mixed-use real estate development in Qatar’s capital, Doha. According to Sahad Al Kaabi, manager of water projects, a US $317 billion water network expansion is also part of the budget spending plans.
“[Kahramaa’s budget has] witnessed a quantum jump during the last five years,” added Al Jomali.
“In 2003 the total amount earmarked for the capital projects was [approximately US $35.5 million]. It went up to [approximately US $132.5 million] in 2004. And in 2005 it was [approximately US $144 million].”For all the latest energy and oil news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.