South Korea’s Taihan Electric Company is the low bidder for a contract to supply and install 400kV ground cables in various parts of the country.
The Korean company submitted a price of KD32.2m ($121m) for the work.
Four other companies bid for the contract: Japan’s Viscas Corporation bid KD48.7m, Italy’s Prysmian Cables & Systems offered a price of KD56.1m and France’s Nexans Cable Company submitted a price of KD59.4m.
Japan’s JPower Systems Corporation submitted the highest bid at KD61m. A total of eight companies had been prequalified for the contract.
The Electricity & Water Ministry is the client (MEED 4:8:08).
You might also like...
UAE builds its downstream and chemicals potential
24 April 2024
Acwa Power eyes selective asset sales
24 April 2024
Bahrain mall to install solar carport
24 April 2024
Aramco extends Karan field bid deadline
24 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.
