The Austrian/Dutch Elin Holec is the low bidder for the latest Ministry of Electricity & Water (MEW) substation tender covering the supply and installation of three 132/11-kV substations in various locations.

Eight companies bid by the earlySeptember deadline, with Elin Holec's quote of KD 6.9 million ($22.2 million) some 6 per cent lower than the next cheapest bid submitted by Hungary's Transelektro. The new substations are to be built at Zahra, Shahada and Sadique (MEED 18:8:00).

Zahra, Shahada, Sadique substation bidders

(KD million)

Elin Holec, Austrian/Dutch 6.9

Trans elektro of Hungary 7.3

ABB of Europe 7.7

Hyundai Engineering & Construction 7.7

Company of South Korea Mitsubishi Electric of Japan 7.9

Hyundai Heavy Industries of South Korea 8.3

Siemens of Germany 8.9

Cogelex of France 9.4

Exchange rate: $1=KD 0.31