10/03/2026 04:55 AST
Nebras Energy is enhancing its global presence, even as it strengthens domestic operations through higher generating capacity stations and replacing older, lower-efficiency stations with newer and more efficient ones.
"Nebras Energy continues to strengthen its global presence, achieving sustainable growth and outstanding success in project development and investments worldwide," said its board report, presented before shareholders at the annual general assembly meeting, which approved 75% dividends.
Nebras Energy is working with EDF (France), Sojitz (Japan), and Kyudan (Japan) on the construction of the 1,574 MW "Syrdarya 2" combined-cycle power plant project in Uzbekistan, with it holding a 3.33% stake. Commercial operation is expected to commence in the third quarter of 2026.
Nebras is also working with EDF, Siemens (Germany), and Stone City (Netherlands) on the development of the 1,590 MW Surkhandraya combined-cycle power plant in Uzbekistan.
The company holds a 35% stake in the project, which is expected to commence commercial operation in 2027.
In December 2025, Nebras, along with Etihad W&E of the UAE and Bahwan of Oman, secured the Misfah project to build a 1,700 MW combined-cycle power plant in Oman, with it being the largest shareholder at 49%. It is slated to commence in the second quarter (Q2) of 2029.
Also in December 2025, Nebras, along with KOWEPO of Korea, Etihad W&E, and Bahwan, secured the Duqm project to build an 877 MW combined-cycle power plant in Oman, with it holding a 30% stake. Commercial operation is expected to commence in Q2-2029.
At the end of 2025, the company's gross capacity reached 28.7 GW of electricity and 651mn gallons of water per day, distributed across 40 operational and development assets in 11 countries.
On the domestic front, its future investment plans are based on meeting the growing demand for electricity and water by establishing stations with higher generating capacity and replacing older, lower-efficiency stations with newer and more efficient stations.
Nebras has prioritised meeting Qatar's electricity and water needs consistently through the operation, maintenance, and management of its power and water generating plants.
Nebras operates in accordance with state guidelines and the Qatar National Vision 2030 to take advantage of all available opportunities to diversify energy sources.
On Facility (E) "Ras Abu Fontas Power Company", which has a total capacity of 2,410 MW of electricity and 110mn gallons per day of desalinated water; Nebras Energy said production at the plant is scheduled to begin in the first half of 2028, with full design capacity expected in the first half of 2029.
Construction work on the RAF Peaker Unit project started in early 2025, with commercial operation scheduled to begin in early 2027.
Gulf Times
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