Kuwait’s KAPP sets new bid deadline for Al-Abdaliyah integrated solar combined-cycle (ISCC) plant
The Kuwait Authority for Partnership Projects (KAPP) has established a new deadline on July 28 for the Al-Abdaliyah integrated solar combined-cycle (ISCC) plant.
KAPP along with the Ministry of Electricity & Water (MEW) is overseeing the development of the project. The UK’s HSBC was appointed as financial advisor in September 2013.
A total of seven groups have been shortlisted to develop the new solar combined-cycle facility. The teams are the following:
- Acwa Power, Al-Mulla Group and Acciona Energia
- Abengoa, Sojitz and Alghanim International
- EDF, Toyota, Al-Sager and TSK
- Korea Electric Power Corporation, Kharafi National and Aries Energy
- Engie and Elecnor
- Japan Gasoline Co. (JGC)
- RWE and Ali Kharafi
Located on an area spanning 2 km2, the project involves the development of a new facility composed of a combination of solar power and gas power. The solar component will have a total capacity of 60 MW while the gas component will have a total capacity of 220 MW
The project will be developed under a 25 year concession contract on build, operate and transfer (BOT) basis.
It is expected that the special purpose vehicle (SPV) will sign an Energy Conversion and Power Purchase Agreement (ECPA) with the MEW.
