Kuwait Authority for Partnership Projects (KAPP) has received two technical bids to provide transaction advisory services for two IWPP plants located at Az-Zour and AlKhairan. The project involves design, finance, construction, operation, maintenance, and transfer of integrated water and power plant (IWPP) for phase 2 & 3 at Az-Zour North and for phase 1 at AlKhairan site.
Earlier in August the authority shortlisted three bidders and invited them to provide technical and financial bids. The two bids received are as follows :
- Ernst & Young consortium (Ernst & Young, Atkins, and Addleshaw Goddard) submitted a price bid of KWD 1.2 million (US$ 3.90 million)
- KPMG consortium (KPMG Advisory, DLA Piper, and ILF Consulting) submitted a price bid of KWD 1.6 million (US$ 5.21 million)
The responsibility of preparing and completing the feasibility studies for each project and the whole tendering process will be given to the assigned advisor or consortium.
Country updates
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August 20, 2020
Three companies shortlisted for two IWPP plants in Kuwait
Kuwait Authority for Partnership Projects (KAPP) has shortlisted three companies to provide transaction advisory services for two IWPP plants located at Az-Zour and AlKhairan. The project in...
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August 07, 2020
Financial close achieved for Umm Al Hayman wastewater project
A consortium of WTE Wassertechnik GmbH and KCC Engineering Contracting Co (KCCEC) has achieved financial close for US$ 1.6 billion Umm Al Hayman wastewater project in Kuwait. The project includes deve...
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June 30, 2020
Deadline extended for RFP seeking technical advisors for two IWPP in Kuwait
Kuwait Authority for Partnership Projects (KAPP) has extended the deadline due to COVID-19 for a request for proposal (RFP) seeking experienced technical advisers for two IWPP plants located at A...
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June 04, 2020
RFP launched for technical advisors for two IWPP plants in Kuwait
Kuwait Authority for Partnership Projects (KAPP) has launched a request for proposal (RFP) seeking experienced technical advisers for two IWPP plants located at Az-Zour and AlKhairan. The pr...
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March 26, 2020
Kuwait delays tender seeking technical adviser for water and power sector projects
The Kuwait Authority for Partnership Project (KAPP) has delayed the retendering process seeking advisory services for two independent water and power producer projects. The delay is due to current cir...
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