Nebras Power

Annual Report 2022 Arabic

poweradmin — Tue, 27 Feb 2024 03:42:41 +0000

Annual Report 2022 Arabic poweradmin Tue, 27/02/2024 - 06:42

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PDF File

Nebras Annual Report 2022-Arabic.pdf (8.76 MB)

Publication Year

Thu, 06/01/2022 - 12:00

Type of Document

Annual Report

2022 Annual Report English

poweradmin — Tue, 19 Dec 2023 10:20:35 +0000

2022 Annual Report English poweradmin Tue, 19/12/2023 - 13:20

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PDF File

Nebras Annual Report 2022_0.pdf (23.4 MB)

Publication Year

Sat, 01/01/2022 - 12:00

Type of Document

Annual Report

Mr. Mohammed Ibrahim Al-Abdulla

poweradmin — Thu, 25 May 2023 06:04:35 +0000

Mr. Mohammed Ibrahim Al-Abdulla poweradmin Thu, 25/05/2023 - 09:04

Position

Director

Career and Experience

Mr. Mohammed Ibrahim Al-Abdulla started his professional career in the Energy sector with QAPCO in 2007, Muntajat 2012, and currently in QatarEnergy from 2020 where he progressed through his career to senior and leadership positions. For the past 3 years, he has been the Manager Director of Muntajat B.V

Mr. Mohammed Ibrahim Al- Abdulla holds a BA in Marketing & Management from Cape Breton University, Canada

During his tenure, Mr. Al Al-Abdulla had the privilege to serve the below Companies as a Board of Director.

Masraf Al-Rayan
Muntajat B.V group
Nebras Power

2020 التقرير السنوي

poweradmin — Tue, 21 Feb 2023 11:11:13 +0000

2020 التقرير السنوي poweradmin Tue, 21/02/2023 - 14:11

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PDF File

Nebras Power - Annual Report 2020 - Arabicfinal.pdf (4.39 MB)

Publication Year

Thu, 02/01/2020 - 12:00

Type of Document

Annual Report

2020 Annual Report

poweradmin — Tue, 21 Feb 2023 10:43:07 +0000

2020 Annual Report poweradmin Tue, 21/02/2023 - 13:43

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PDF File

Nebras Power 2020 Annual Report.pdf (7.31 MB)

Publication Year

Wed, 01/01/2020 - 12:00

Type of Document

Annual Report

2021 Annual Report

poweradmin — Tue, 21 Feb 2023 09:46:23 +0000

2021 Annual Report poweradmin Tue, 21/02/2023 - 12:46

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PDF File

Nebras Power 2021 Annual Report.pdf (5.51 MB)

Publication Year

Sun, 03/01/2021 - 12:00

Type of Document

Annual Report

Mr. Khalid Mohammed Jolo

poweradmin — Wed, 11 Jan 2023 07:43:37 +0000

Mr. Khalid Mohammed Jolo poweradmin Wed, 11/01/2023 - 10:43

Position

Director

Career and Experience

Mr. Jolo has more than 20 years’ experience in the power and utilities sector. Having headed the QEWC’s Business Development team in the recent past, he was responsible for leading critical development projects in and outside Qatar including Ras Abu Fontas-B1 (375 MW), Ras Abu Fontas-B2 (550 MW + 33MIGD), Ras Abu Fontas-A1 (45 MIGD) in Qatar, Sur IPP (2000 MW) in Oman and the acquisition of an equity stake in IPP4 (370 MW) in Jordan.

He is the Chairman of the Board of Phoenix Power Company (Oman) and Shams Ma’an Power Generation (Jordan). He is also a member of the Board of Directors in Ras Girtas Power Company (Qatar) , Ras Laffan Power Company (Qatar) and Siraj Energy.

Qualifications and Recognitions

Mr. Jolo has a degree in Mechanical Engineering from Faculty of Engineering, Qatar University.

Senior Manager Financial Planning & Analysis

poweradmin — Mon, 21 Nov 2022 10:07:07 +0000

Senior Manager Financial Planning & Analysis poweradmin Mon, 21/11/2022 - 13:07

Position

Senior Manager Financial Planning & Analysis

Job Number

00006

Job Entity

Finance

Posting Date

21/11/2022

Closing Date

31/12/2022

Direct Supervisor (Solid)

Head of Financial Planning & Analysis

Job Purpose Summary

*** Preference for Qatari Nationals***

The incumbent will be responsible for supporting the Head of Financial Planning and Analysis for the management and organization of the Finance Planning function of Nebras, including long term business planning, annual budgeting and periodic budget updates. He/She will also perform business plan sensitivities analysis for credit metrics analysis and capital allocation purposes. The Senior Manager Financial Planning and Analysis will be also in charge of the management reporting process, defining guidelines and reporting methodologies in order to ensure timely, reliable, transparent management information to CEO, Executive team, Board of Directors and Shareholders. He/She will be also charged with the responsibility of establishing and maintaining an effective performance management system; on that respect he/she will provide effective support in setting operating and financial targets for the financial year in consistence to Group strategy and long-term business plans and in monitoring the achievement of those targets. He/she will discharge his/her responsibilities under the coordination and supervision of the Head of Financial Planning and analysis

Essential Duties & Responsibilities by Dimensions

Manage Nebras long term business planning, annual budgeting and periodical budget updates, defining business planning guidelines, timeline, key assumptions and standard templates. Develop and maintain business plan booklet and other budget-related reports and documentation.
Ensure compliance with the FP&A policies and procedures, as well as develop proposal aimed at enhancing standards and increasing accuracy and efficiency of the Finance planning process.
Perform business plan sensitivities analysis for credit metrics analysis and capital allocation purposes.
Manage Nebras management reporting process, defining guidelines and reporting methodologies. Ensure timely, reliable, transparent management information to CEO, Executive team, Board of Directors and Shareholders.
Analyze Nebras operating and financial performance against target identifying key variances and providing support for corrective actions. Coordinate periodical business review meetings.
Develop and implement early warning systems that will help the Executive Team in detecting and handling deviations to the planned finance outlook of Nebras without compromising the reasonable financial balance between outflow and inflow of funds.
Establish and maintain an effective performance management system: provide effective support in setting operating and financial targets for the financial year in consistence to Group strategy and long term business plans. Develop and maintain Group balanced scorecard linked to rewards and compensation system.
Manage the spending authorization process and review budget change requests to ensure compliance to the Group policy on Delegation of Financial Authority, and monitor corporate operating expenses, G&A and capital expenditure against budgets.
Analyze expected returns and financial compatibility of investment proposals and formulate recommendations for the relevant authorization bodies. Perform investment assurance and Sign-off for capital allocation regarding proposed projects. Perform post-investment appraisal.
Provide support to Business Development and M&A functions during pre-development or pre-acquisition phase (i.e. due diligence process, business evaluation, investment assurance competitive bidding) and during the post-acquisition/integration phase for the implementation of policies, processes and systems in line to Nebras planning and management reporting policies.
Coordinate internal and external benchmarking analysis and special projects aimed at improving operational efficiency of the asset portfolio managed by the Nebras and for value creation purposes.
Pursue initiatives on system development for automation of Group financial planning and management reporting; maintain and enhance new systems post-implementation.
Coordinate financial planning & analysis functions of Group’s subsidiaries ensuring adherence to Nebras policies and standards.
Assist in coordinating with the internal and external auditors and provide all required information to the concerned parties in order to facilitate the preparation of internal and external audit reports, respectively.

Education/Experience Requirements

Essential:

University degree in Accounting, Finance and/or Business Administration from a recognized University.

Preferred:

Master in Finance and/or Business Administration from a recognized Management School.

* As Nebras requires a high level of expertise, the above mentioned educational requirements are compensated for through extensive years of experience in a related sector or field.

Required Special Skills

Essential:

Minimum of 6-8 years of experience in financial planning and analysis of which 3 years should be in a similar position/responsibility
Minimum of 3 years of Financial Modeling experience
Familiarity with ERP systems (Oracle preferably)
Strong knowledge of planning and management reporting systems (Oracle preferably)

Preferred:

Minimum of 3 years exposure to global power/water/renewable sectors
Exposure to international companies with large complexity and to multicultural environments
Knowledge and/or exposure to Qatar or other Gulf regions.

SKILLSET:

Superior analytical and synthesis skills.
Strong communication and interpersonal skills with sensitivity to different cultures.
Ability to build trust and effective personal relations both within the organization and with all relevant external stakeholders.
Ability to multi-task and work under pressure.
Ability to work in team.
Strong negotiation skills.
Stay abreast of the latest trends/tendencies on financial planning and analysis and management reporting.

PERSONAL ATTRIBUTES AND MINDSET:

Maintain highest standards of professional conduct, ethics and integrity.
Ensure high standards of confidentiality to safeguard sensitive information.
High energy with a “can do” mentality. Strongly believe in continuous benchmarking and continuous improvement.
Robust intellect and constant desire to learn.
Drive, self-reliance and pragmatism, great determination in achieving results.
Analytical, inquisitive nature.
Capability to easily adapt to fast moving, changing environments and cultural differences

Framework and Boundaries

FINANCIAL AUTHORITY: According to Delegation of Authority Manual
BUDGET RESPONSIBILITY: None

Communications and Working Relationships

INTERNAL INTERACTIONS:

Finance team
Executive team
Relevant representatives of all organization’s functions

EXTERNAL INTERACTIONS:

Relevant representatives of company’s shareholders
CFOs/Financial Controllers of subsidiaries/associates/investees
Domestic and International lending institutions
Other financial Institutions: ECAs/Multilaterals/Developing Finance Institutions
Credit rating Agencies
Accounting and Tax, Technical, Legal, Market and other company’s external advisors
Government of Qatar’s relevant regulatory authorities.

Supervisory Responsibilities

Scythia 1

poweradmin — Wed, 03 Aug 2022 16:41:44 +0000

Scythia 1 poweradmin Wed, 03/08/2022 - 19:41

Scythia 1 Solar project is a 13 MW solar plant in Ukraine, which started its commercial operation in February 2019.
All electricity produced and the capacity made available by Scythia 1 is purchased by the Guaranteed Buyer Company under the Feeding Tariff Regime (FIT) till end of 2029.

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Percentage Owned

75%

Other Partners

UDPR Scythia Solar Limited

Asset Company Name

Scythia 1

Country

Ukraine

Technology

Solar

Capacity

13' MW'

Country Full

Ukraine

Scythia 2

poweradmin — Wed, 03 Aug 2022 16:39:28 +0000

Scythia 2 poweradmin Wed, 03/08/2022 - 19:39

Scythia 2 Solar project is a 33 MW solar plant in Ukraine, which started its commercial operation in July 2019.
All electricity produced and the capacity made available by Scythia 2 is purchased by the Guaranteed Buyer Company under the Feeding Tariff Regime (FIT) till end of 2029.

Image

Percentage Owned

75%

Other Partners

UDPR Scythia Solar 2 Limited

Asset Company Name

Scythia 2

Country

Ukraine

Technology

Solar

Capacity

33' MW'

Country Full

Ukraine