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.
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.