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Qatar-Ukraine Business Forum marks H1 2021 with 'promising investment prospects' gulf-times.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulf-times.com Daily Mail and Mail on Sunday newspapers.
Qatar-Ukraine Business Forum marks H1 2021 with 'promising investment prospects' gulf-times.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulf-times.com Daily Mail and Mail on Sunday newspapers.
Qatari firm acquires 9.9 per cent stake in Amin solar PV project 1374202 SHARE Qatar-based energy investments firm Nebras Power QPSC has announced that it has completed the acquisition of a 9.9 per cent equity stake in Amin Renewable Energy Company (AREC) in Oman, which is the owner of Project Amin. The transaction is a continuation of Nebras’s strategy implementation to enhance its asset base through attractive PPA opportunities and expands its presence in the Omani power market. Project Amin is currently under construction and it is targeted to achieve its early generation in late December 2019. Once the project is fully operational in May 2020, the facility will have a power generational capacity of up to 105 MWac and will sell the generated power to Petroleum Development Oman LLC through a 23 years Power Purchase Agreement. ....
Pakistan Loses $5 Billion Qatari Investment Pakistan has missed out on a huge $5 billion investment from the Qatari firm Nebras Power Investment after a gruesome bureaucratic approach coupled with outdated policies that ruined the dialogue between the two parties. If the investment had come through, it could have been utilized to revamp Pakistans’s power plants, and refurbish its airports and hotels. ALSO READ The investment kitty has now been directed towards Bangladesh. Nebras Power Investment has acquired an equity stake in Bangladesh’s Unique Meghnaghat Power company, including a 24 percent equity stake in Unique Hotel and Resorts Limited (UHRL). The Chief Executive Officers (CEOs) of the Qatar Investment Authority and Nebras Power had visited Islamabad on the invitation of the former Chairman of the Board of Investment, Haroon Sharif, and met with Prime Minister Imran Khan to discuss business. ....
Pakistan loses $5 bn potential Qatari investment Top Story April 27, 2021 ISLAMABAD: Lacklustre bureaucratic approach and inconsistent policies have resulted in losing $5 billion committed investment from Qatar in RLNG power plants, refurbishment of airports and hotels here in Pakistan and now it has been diverted to Bangladesh. Now Qatar’s Nebras Power Investment (QEWS QD) has acquired equity stake in Bangladesh’s Unique Meghnaghat Power. Also, the Nebras Power Investment Management has signed a sale and purchase agreement (SPA) with Unique Hotel and Resorts Limited (UHRL) to acquire a 24pc equity stake in Unique Meghnaghat Power Limited (UMPL) in Bangladesh. This acquisition enhances the asset base of Nebras through fully contracted projects. Under this agreement, Nebras will acquire a 24pc stake, while UHRL and SFL will jointly control a 56pc equity share in Unique Meghnaghat Power Limited. ....