View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Market Data
November 24, 2021

Az Zour North II & III IWPP, Kuwait

By Carmen

The Az Zour North II & III IWPP is 2,700MW gas fired power project. It is planned in Al Ahmadi, Kuwait. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2024.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Thermal 2,700 2,700 Permitting Al Ahmadi, Kuwait Kuwait Authority for Partnership Projects; Ministry of Electricity and Water

Description

The project is being developed by Kuwait Authority for Partnership Projects and Ministry of Electricity and Water. These companies also have ownership stakes in the project.

It is a combined cycle gas turbine (ccgt) power plant. The power plant can run on dual-fuel. The primary fuel being used to power the plant will be liquefied natural gas. In case of shortage of liquefied natural gas the plant will run on Gas Oil.

The project cost is expected to be around $2,545.753m.

Development Status

The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2024.

Power Purchase Agreement

The power generated from the project will be sold to Ministry of Electricity and Water under a power purchase agreement for a period of 25 years.

About Kuwait Authority for Partnership Projects

Kuwait Authority for Partnership Projects (KAPP), formerly PTB, is a government body that regulates and supervises public and private partnership (PPP) projects. The organization promotes collaboration between the public and private sectors to develop quality infrastructure and services. In addition, KAPP develops ppp project concepts, conducting pre-feasibility studies, and selecting qualified ppp transaction advisors. It undertakes projects in the power, water and wastewater, education, health, transportation, communications, real estate, and solid waste management sectors. KAPP’s project portfolio comprises Services and Entertainment Center-Egaila, Kuwait Failaka Island Development, Rest Houses and Doha Chalet’s Service Centers and South Al-Jahra Labor City. KAPP is headquartered in Kuwait.

About Ministry of Electricity and Water

Ministry of Electricity and Water (MEW) is an electricity and water utility service provider. The ministry’s activities include supply of water and electricity; administration of power plant projects, electricity distribution networks, electricity transmission networks, water distillation plants and water projects; observation of environmental conditions in the production of electricity and water; and operation and maintenance of the water supply network in Kuwait. It offers annual statistics and related publications for the water and electrical sectors. MEW also issues directives and instructions on matters related to energy conservation and rationalization. The ministry offers customer services such as provision of permits for water and electricity supply connections, chemical works, designing the water projects, and online services for payment of electricity and water consumption bills. MEW is headquartered in Kuwait City, Kuwait.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Wednesday. The power industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Power Technology