Kuwait sets bid deadline for Al Zour North IWPP
Ministry official: Deadline immediately after Eid Al Adha holiday
The deadline to submit bids for the Al Zour North IWPP has been set to immediately after the Eid Al Adha holiday, the Al Watan daily cites a government official.
The Muslim holiday is likely to commence on November 16, and conclude on November 19.
The project is designed to produce 4,000 megawatts of electricity and 200,000 imperial gallons of water and its output will be sold to the Kuwaiti ministry of electricity and water under a 30-year agreement, the ministry's assistant undersecretary for planning and training Mishaan Al Otaibi is quoted by the paper.
The project will be implemented by a joint-stock company, and 50% of it will be offered for public subscription by Kuwaiti nationals, the daily cites Otaibi as saying.