Kuwait signs contracts for $3.27 billion power plant project

Kuwait signs $3B deal with Saudi renewable giant

Kuwait signed contracts worth over 1 billion Kuwaiti dinars ($3.27 billion) with Saudi renewable energy giant ACWA Power. The deal comes as Kuwait struggles with severe power shortages, resorting in the past year to planned cuts in some areas.Once complete, the expansion of the Al-Zour North power plant will deliver 2.7 GW of power and 120 million gallons of water daily, with construction expected to take three years.The deal is the latest in a …

Kuwait signs contracts for $3.27 billion power plant project

The Kuwait Authority for Partnership Projects (KAPP) signed contracts on Sunday with Saudi's ACWA Power and the Gulf Investment Corporation for phases two and three of the Al-Zour North power plant.

Acwa Power leads consortium to develop $4bn Kuwait power and water project

The new plant will have a power generating capacity of 2.7 gigawatts and desalination capacity of 120 million gallons of water daily

KAPP signs contracts for Al-Zour North power plant expansion

KAPP has agreed with Saudi Arabia's ACWA Power and GIC on the second and third phase expansion of the Al-Zour North power plant.

Kuwait signs contracts for $3.27bln power plant project

Kuwait expects a significant improvement in electricity services once several major projects come online

Kuwait signs $3.27 billion deal for Al-Zour North power plant expansion

KUWAIT CITY, Aug 10:  The Kuwait Authority for Partnership Projects (KAPP) signed contracts on Sunday with Saudi-b...