Bidders await decision on 1.5GW Kuwait solar project

GlobalData Energy 11 November 2019 (Last Updated November 15th, 2019 10:33)

Sunset in Kuwait City.

Bidders await decision on 1.5GW Kuwait solar project

Kuwait National Petroleum Company received bids for the 1.5GW Al-Dibdibah solar project in April

Kuwait National Petroleum Company (KNPC) has yet to award the engineering, procurement and construction plus finance (EPC+F)) contract for the planned 1.5GW Al-Dibdibah solar project in Kuwait. “We understand internal discussions [at KNPC] on the project are ongoing… they are not [yet] talking or negotiating with any of the bidders as far as we know,” according to a source close to the project.

In April it was reported that KNPC received proposals for the solar project, with China’s Metallurgical Corporation submitting the lowest bid. The Chinese firm submitted a proposal of 11.2 fils a kilowatt-hour (fils/kWh), which was about 12 per cent lower than the 12.7 fils/kWh price submitted by a group containing the local Al-Mulla Group. A consortium containing China Communications Construction Company submitted the third-lowest bid of 13.507 fils/kWh.

Bidders and prices

  • Metallurgical Corporation of China: 11.2 fils/kWh
  • Al-Mulla Group (local): 12.7 fils/kWh
  • China Communications Construction Company: 13.507 fils/kWh
  • Gopco General Gulf Contracting: 13.8 fils/kWh
  • Maessa Telecommunications (Spain) / Ingenieria (Spain) / Alghanim International Trading & Contracting (local): 13.823 fils/kWh
  • Shanghai Electric (China) / China Triumph International Engineering: 14.506 fils/kWh
  • CCC (Lebanon) / Prodiel (Spain) / Orascom (Egypt) / TBEA (China): 17.1 fils/kWh

MEED
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