Nexans wins a 58 million euros turnkey contract for underground HV powerlinks in Qatar
New contract signed with KAHRAMAA for the phase VIII expansion and development program of Doha’s electricity network, following the order worth 80 million euros announced last June
Paris, July 23, 2008 – Nexans, the worldwide leader in the cable industry, has been awarded a turnkey contract worth 58 million euros by the Qatar General Electricity and Water Corporation (KAHRAMAA) to implement six underground powerlinks, ranging from 34 to 250 MVA, to reinforce and extend the high voltage (HV) network serving Doha, the capital of Qatar.
These powerlinks, which will connect substations serving the Al Wajbah area of Doha, form part of KAHRAMAA’s phase VIII projects for the expansion and development of Qatar’s electricity network to increase its capacity to meet the rapid increase in demand created by the country’s urban and economic development.
Nexans will provide a complete turnkey package for this project, which is due for completion in July 2009. This includes design, development, supply and installation of a total of 96 km of 66kV and 132kV single core cables and accessories.
This project is the latest in Nexans’ long history of collaboration with KAHRAMAA, with the first contract dating back to the 1970s.
The cables will be manufactured in Nexans factories in France and Belgium.
With energy as the basis of its development, Nexans, the worldwide leader in the cable industry, offers an extensive range of cables and cabling systems. The Group is a global player in the infrastructure, industry, building and Local Area Network markets. Nexans addresses a series of market segments from energy, transport and telecom networks to shipbuilding, oil and gas, nuclear power, automotive, electronics, aeronautics, handling and automation. With an industrial presence in 39 countries and commercial activities worldwide, Nexans employs 22,800 people and had sales in 2007 of 7.4 billion euros. Nexans is listed on NYSE Euronext Paris, compartment A. More information on www.nexans.com