Kuwait
FINAL CLARIFICATIONS UNDER WAY FOR AL-ZOUR NORTH 2 & 3
Final clarification meetings are under way for the contract to develop Kuwait's second independent water and power project (IWPP).In early January this year that Kuwait's Ministry of Electricity, Water & Renewable Energy, through the Kuwait Authority for Partnership Projects, had received a single bid for the contract, six years after it announced its intention to procure the plant.The lone bidder for the contract to develop the Al-Zour North 2 & 3 IWPP is a team of Saudi utility developer Acwa Power and the local Gulf Investment Corporation (GIC).The planned integrated facility will have a power generation capacity of 2,700MW and a desalination capacity of 120 million imperial gallons a day.According to sources familiar with the tendering process, once the clarifications wrap up, the process will move to an additional approvals process before the contract is finally awarded to the Acwa Power-GIC team.One of the sources said the final approval is expected to take place quickly, although this is not guaranteed.The project struggled to take off partly due to stakeholder indecision, with the government undergoing a series of changes and transitions over the past few years. (ICE KUWAIT)
Fonte notizia: Meed