Belgium’s Suez Energy International emerged as the low bidder for the project when commercial bids were opened on 24 July. The company paired up with Kuwait’s Gulf Investment Corporation to submit a price of BD13.972 ($37.1) a megawatt hour (MWh) of power.
A team of Saudi Arabia’s Acwa Power Projects and Korea Electric Power Corporation offered a tariff of BD14.725 a MWh.
The water tariff was fixed for all bidders at BD0.35 a cubic metre of desalinated water.
The IWPP will have a capacity of 1,100-1,250MW of power and 48 million gallons a day of desalinated water (MEED 24:7:08).