Ras Laffan Power Company

Ras Laffan Power Company Limited (RLPC) is the first independent power and water plant in State of Qatar, which was incorporated in 2001. The plant is located at Ras Laffan Industrial City which is approximately 80 kilometers North East of Doha. The facility achieved its full production capacity in May 2004 by producing contracted capacity of 756 MW per hour of electricity and 40 million gallons per day of water. Plant is being operated under a 25 years Power and Water Purchase Agreement (PWPA) with KAHRAMAA, the off taker. Ras Laffan Power Company was incorporated as a joint venture between AES Corporation (USA) with (55%) shares, Qatar Electricity and Water Co. (QEWC) with (25%) shares, Qatar Petroleum (QP) with (10%) shares and Gulf Investment Corporation (GIC) of Kuwait with (10%) shares. In October 2010, QEWC purchased shares held by AES Corporation increasing its ownership to (80%)