Abdulsattar al Rasheed, executive managing director of Qatar Power Co has said that the country is expected to have up to 7,000 megawatt (MW) power capacity by this summer, which could allow it to export up to 1,100 MW of electricity to its neighbours through the Gulf power grid, Reuters has reported. "We have a power plant with a capacity of 2,000 MW coming online this summer and this will provide the extra capacity," al Rasheed said during a Meed conference. Qatar Power Company is 55% owned by Qatar power plant operator the Qatar Electricity and Water Co.