Five groups submitted prices for the major electrical substation deal
German/local Siemens Electronics & Electrical Services Company has submitted the low bid for the contract to build the 400kV Wafra Z substation in Kuwait.
The Siemens Electronics company submitted a price of KD18.9m ($65m) for the contract to supply and install the major substation in the Wafra area of Southern Kuwait. The second-lowest price of KD19.8m was submitted by the local Al-Ahleia Switchgear Company (local).
The three remaining bidders and prices were:
- Group Ali Alghanem & Sons General Trading & Contracting (local): KD20.95m
- National Contracting Company (NCC) (Saudi Arabia)/National Contracting Company (local): KD26m
- Middle East Electric Company (local):KD28.6m
Ten groups had been prequalified to participate in the tender in July.
Kuwaits Ministry of Electricity & Water (MEW) is investing heavily in its generation and transmission and distribution (T&D) sectors as demand for electricity continues to grow at rapid pace. MEW forecasts it will require an additional 10,500MW of power generation capacity by 2020 to meet demand.