Suez selected for Addur water and power plant

15 August 2008
A team of Belgium’s Suez Energy International and Kuwait’s Gulf Investment Corporation has been awarded the preferred bidder status on Bahrain’s Addur independent water and power project (IWPP) and is expected to sign an agreement for the plant within weeks.

The power and water purchase agreement is due to be concluded on 28 August, according to the Belgian firm.

The Suez-led consortium emerged as the low bidder for the project in July after it submitted a price of BD13.972 ($37.1) a megawatt hour (MWh) of power.

A second group of Saudi Arabia's Acwa Power Projects and Korea Electric Power Corporation offered a tariff of BD14.725 a MWh.

The water tariff was fixed for all bidders at BD0.350 a cubic metre, equivalent to BD1.59 a thousand gallons.

The IWPP will have a capacity of 1,100-1,250MW of power and 48 million gallons a day of desalinated water (MEED 24:07:08).

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