PPPA, MEW seek local, foreign bidding in two energy projects in Kuwait

PPPA, MEW seek local, foreign bidding in two energy projects in Kuwait

The Public-Private Partnership Authority (PPPA), in collaboration with the Ministry of Electricity, Water, and Renewable Energy, has extended invitations to both international and local companies and alliances to participate in a bidding process. This initiative pertains to the design, financing, construction, operation, maintenance, and transformation of the Al-Dabdaba Electrical Power Generation Project and Al-Shaqaya Renewable Energy Project – Phase Three, reports Al-Qabas daily. The project entails the establishment of a renewable energy production station with a net capacity of 1,100 megawatts, to export the generated energy to Kuwait’s electricity network.

This will be facilitated through a power purchase agreement with the Ministry of Electricity, Water, and Renewable Energy for 30 years. The PPP revealed that a consortium of companies, spearheaded by Ernst & Young as the main financial advisor, DLA Piper as the legal advisor, and DNV Company serving as the technical and environmental advisor, has been appointed to provide support to the Public-Private Partnership Projects Authority and the Ministry of Electricity, Water, and Renewable Energy in preparing the project documents and procedures for its launch. By offering this project, the Public-Private Partnership Authority and the Ministry of Electricity, Water, and Renewable Energy aim to achieve the following goals:

■ Attracting private