Hyundai bids low for transmission line contract

06 September 2002

South Korea's Hyundai Engineering & Construction Company has submitted a low bid of KD 10.3 million ($33 million) for the contract to supply and install a 300-kV overhead transmission line. Its offer is some 6 per cent lower than the next quote of KD 10.9 million ($35 million) offered by Japan's Fujikura.

Only two of the 14 prequalifiers submitted prices by the 25 August deadline. The contract covers the installation of a 95-kilometre-long line to be erected between Subiya and Kuwait City (MEED 12:7:02).

The client is the Ministry of Electricity & Water, which is planning further distribution works. An award is due for a contract to supply and install 132-kV and 11-kV overhead transmission lines in various areas of Kuwait. National Contracting Company of Saudi Arabia has submitted a low bid of KD 1.9 million ($6 million) for the contract (MEED 23:8:02).

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