A consortium comprising BNP Paribas, Chadbourne & Parke and Lahmeyer International  signed on March 14, 2013 a mandate with Kuwait PPP agency Partnerships Technical Bureau (PTB) to advise on the Al-Khairan independent water and power project (IWPP).

ASAR - Al Ruwayeh & Partners (ASAR) has announced that the firm will be acting as local legal advisors to the consortium.

ASAR was also PTB's advisor on the Al-Zour North IWPP project and on other projects in the transportation, infrastructure and health areas.

The Project

An Independent Water and Power Producer (IWPP) Project is being planned to generate power with a minimum capacity of 2500MW through a Conventional Thermal Steam Power Plant (using Low Sulfur Fuel Oil -LSFO, Gas Oil, Crude Oil and /or Natural Gas). The Project will be located at AlKhairan, south of the existing Az-Zour South Power & Water Production Station.

In addition to its power generation capacity, the project will include a Sea Water Desalination Plant with a total minimum capacity of 125 MIGPD utilizing MSF, MED and/ or RO Technology.

The IWPP Project will be set up as a Special Purpose Vehicle (SPV) which will design, build, finance, operate and maintain the power generation & water production facility for a fixed duration of time, as stipulated in Law 39/2010, Law 7/2008, and their respective bylaws. The SPV will sign an Energy Conversion and Water and Power Purchase Agreement (ECWPA) with the Ministry of Electricity and Water (MEW).

Source: Al Ruwayeh & Partners