Plant will run on combination of gas and solar energy
The Kuwait Authority for Partnership Projects (KAPP) has extended the bid deadline for the Al-Abdaliyah integrated solar combined-cycle (ISCC) plant by one month. The new deadline is 5 February, moved from 4 January.
KAPP, Kuwaits public-private partnership (PPP) body, which was formerly called the Partnerships Technical Bureau (PTB), is overseeing the development of the scheme in partnership with the Ministry of Electricity & Water (MEW).
The deadline has been extended several times, with the original submission date having been set for 17 March. The extension is due to a combination of KAPP focusing on the Al-Zour North 2 IWPP bid evaluation and to allow bidders more time to work on prices due to the technical complexity of the ISCC scheme.
The seven prequalified groups, with lead developer specified, are:
- Acwa Power (lead; Saudi Arabia) / Al-Mulla Group (local) / Acciona Energia (Spain)
- Abengoa (lead; Spain) / Sojitz (Japan) / Alghanim International (local)
- EDF (lead; France) / Toyota (Japan) / Al-Sager (local) / TSK (Spain)
- Korea Electric Power Corporation (lead; South Korea) / Kharafi National (local) / Aries Energy (US)
- GDF Suez (lead; now called Engie; France/UK) / Elecnor (Spain)
- JGC (Japan)
- RWE (lead; Germany) / Ali Kharafi (local)
The ISCC facility, which will run on a combination of solar power and gas, will have a total capacity of 280MW. The plant will contain a 60MW solar component. The project will be located in Al-Abdaliyah in southwest Kuwait, and will be located on an area spanning 2 square kilometres.
KAPP, in collaboration with MEW, will oversee the creation of a joint stock project company that will build, operate and transfer (BOT) the project for an investment period of 25 years. The project company will sign an energy conversion and power purchase agreement with MEW, with the ministry being the offtaker for the electricity generated by the plant.
The UKs HSBC was appointed as financial consultant for the scheme in September 2013.
You might also like...
Oman receives Madha industrial city tender prices
19 April 2024
Neom seeks to raise funds in $1.3bn sukuk sale
19 April 2024
Saudi firm advances Neutral Zone real estate plans
19 April 2024
Algeria signs oil deal with Swedish company
19 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.