Latest news with #KAPP
Zawya
3 days ago
- Business
- Zawya
Kuwait eyes public-private partnership energy projects to help end power crisis
KUWAIT CITY - Kuwait is hoping that new energy projects involving state and private investors will help the country tackle its power crisis, with one of the contracts due to be awarded within weeks, the acting director general of the Kuwait Authority for Partnership Projects (KAPP) said. Kuwait, a member of the Organization of the Petroleum Exporting Countries (OPEC), has been grappling with a severe electricity shortage driven by rapid population growth, urban expansion, rising temperatures, and delays in maintenance at some power plants. Since last year, the government has resorted to planned power cuts in some areas to reduce the load. Under KAPP's Public Partnership Projects (PPP) framework, companies are set up to carry out projects managed by a strategic partner. The partner, who can be Kuwaiti, foreign or a consortium of investors, is allocated 26% to 44% of the company's shares. The remaining 50% stake is offered to Kuwaiti citizens and the remainder retained by the government. The goods and services produced are sold back to the government. The authority is looking at several projects that will "ease the financial burden on the state budget, as their costs will be borne by the private sector," KAPP's acting director general Asmaa Al-Mousa told Reuters. Among the top-priority projects are the Khairan power project, the Dabdaba and Shagaya renewable energy project, as well as phases two and three of the Al-Zour North power plant, which are expected to be awarded "within weeks', after which implementation will begin, she said. Once completed, the Al-Zour North project will produce 2.7 gigawatts (GW) of power and 120 million gallons of water daily using combined-cycle technology, with construction set to take three years. Al-Mousa said she hopes to launch the tenders for phases one and two of the Dabdaba and Shagaya renewable energy project before the end of 2025. Phase one, with a production capacity of 1.1 GW, has already completed the qualification process and companies have been invited to submit qualification requests for phase two, which aims to produce 500 megawatts of electricity. The four phases of the Dabdaba-Shagaya project are expected to produce a total of 4.5 GW by 2030.
Al Arabiya
3 days ago
- Business
- Al Arabiya
Kuwait eyes public-private partnership energy projects to help end power crisis
Kuwait is hoping that new energy projects involving state and private investors will help the country tackle its power crisis, with one of the contracts due to be awarded within weeks, the acting director general of the Kuwait Authority for Partnership Projects (KAPP) said. Kuwait, a member of the Organization of the Petroleum Exporting Countries (OPEC), has been grappling with a severe electricity shortage driven by rapid population growth, urban expansion, rising temperatures, and delays in maintenance at some power plants. Since last year, the government has resorted to planned power cuts in some areas to reduce the load. Under KAPP's Public Partnership Projects (PPP) framework, companies are set up to carry out projects managed by a strategic partner. The partner, who can be Kuwaiti, foreign or a consortium of investors, is allocated 26 percent to 44 percent of the company's shares. The remaining 50 percent stake is offered to Kuwaiti citizens and the remainder retained by the government. The goods and services produced are sold back to the government. The authority is looking at several projects that will 'ease the financial burden on the state budget, as their costs will be borne by the private sector,' KAPP's acting director general Asmaa Al-Mousa told Reuters. Among the top-priority projects are the Khairan power project, the Dabdaba and Shagaya renewable energy project, as well as phases two and three of the Al-Zour North power plant, which are expected to be awarded 'within weeks,' after which implementation will begin, she said. Once completed, the Al-Zour North project will produce 2.7 gigawatts (GW) of power and 120 million gallons of water daily using combined-cycle technology, with construction set to take three years. Al-Mousa said she hopes to launch the tenders for phases one and two of the Dabdaba and Shagaya renewable energy project before the end of 2025. Phase one, with a production capacity of 1.1 GW, has already completed the qualification process and companies have been invited to submit qualification requests for phase two, which aims to produce 500 megawatts of electricity. The four phases of the Dabdaba-Shagaya project are expected to produce a total of 4.5 GW by 2030.
Reuters
3 days ago
- Business
- Reuters
Kuwait eyes public-private partnership energy projects to help end power crisis
KUWAIT CITY, May 29 (Reuters) - Kuwait is hoping that new energy projects involving state and private investors will help the country tackle its power crisis, with one of the contracts due to be awarded within weeks, the acting director general of the Kuwait Authority for Partnership Projects (KAPP) said. Kuwait, a member of the Organization of the Petroleum Exporting Countries (OPEC), has been grappling with a severe electricity shortage driven by rapid population growth, urban expansion, rising temperatures, and delays in maintenance at some power plants. Since last year, the government has resorted to planned power cuts in some areas to reduce the load. Under KAPP's Public Partnership Projects (PPP) framework, companies are set up to carry out projects managed by a strategic partner. The partner, who can be Kuwaiti, foreign or a consortium of investors, is allocated 26% to 44% of the company's shares. The remaining 50% stake is offered to Kuwaiti citizens and the remainder retained by the government. The goods and services produced are sold back to the government. The authority is looking at several projects that will "ease the financial burden on the state budget, as their costs will be borne by the private sector," KAPP's acting director general Asmaa Al-Mousa told Reuters. Among the top-priority projects are the Khairan power project, the Dabdaba and Shagaya renewable energy project, as well as phases two and three of the Al-Zour North power plant, which are expected to be awarded "within weeks', after which implementation will begin, she said. Once completed, the Al-Zour North project will produce 2.7 gigawatts (GW) of power and 120 million gallons of water daily using combined-cycle technology, with construction set to take three years. Al-Mousa said she hopes to launch the tenders for phases one and two of the Dabdaba and Shagaya renewable energy project before the end of 2025. Phase one, with a production capacity of 1.1 GW, has already completed the qualification process and companies have been invited to submit qualification requests for phase two, which aims to produce 500 megawatts of electricity. The four phases of the Dabdaba-Shagaya project are expected to produce a total of 4.5 GW by 2030.
Zawya
20-05-2025
- Business
- Zawya
Kuwait issues RFQ for 500MW renewable power plant
The Kuwait Authority for Partnership Projects (KAPP), in collaboration with the Ministry of Electricity & Water & Renewable Energy of the State of Kuwait (MEWRE), has invited bids from leading developer/ developer consortia for a major renewable power plant within the Al Dibdibah Power and Al Shagaya Renewable Energy Phase III – Zone 2 Solar PV IPP project. The winning consortium will be responsible for the development, financing, design, procurement, engineering, construction, testing, commissioning, operation and maintenance of the 500MW plant as well as transfer of the key Al Dibdibah Power and Al Shagaya Renewable Energy project, said KAPP in a statement. The renewable power project lies within the administrative boundary of the Jahra Governorate in the west of Kuwait City, approximately 100 km from the capital city, it stated. KAPP said the project will export the output from the plant to Kuwait's electricity grid and transmission network. It will benefit from power purchase agreement (PPA) with MEWRE as the offtaker for a 30-year term. As the main body responsible for implementation of the public-private-partnership projects, KAPP aims to utilise private sector skills and expertise to maximise value for money and service quality. The deadline for submitting the bids has been set at July 24, it added. For the project, Ernst & Young (EY) acted as the lead and financial advisor for KAPP and MEWRE, while DLA Piper was the legal advisor and DNV the technical and environmental advisor. -TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Zawya
19-05-2025
- Business
- Zawya
Kuwait launches tender to develop 500MW solar power project
Kuwait Authority for Partnership Projects (KAPP) has invited prequalification applications for developing the Al Dibdibah Power and Al Shagaya Renewable Energy (Phase III) Zone 2 project under a public-private partnership (PPP) model. The 500 megawatts (MW) solar photovoltaic (PV) power project will be developed as a design, finance, construct, operate, maintain and transfer project backed by a 30-year power purchase agreement (PPA) with the Ministry of Electricity & Water & Renewable Energy (MEWRE), according to an announcement by KAPP. The submission period is from 18 May 2025 to 24 July 2025. The project is located in Shagayah, within the administrative boundary of Jahra Governorate, approximately 100 km to the west of the capital Kuwait City. Prequalified consortia for the 1,100 MW Al Dibdibah Power and Al Shagaya Renewable Energy (Phase III) Zone 1 were announced on 30 July 2024. Shortlisted groups included France's TotalEnergies Renewables with Vietnam's Trung Nam Construction Investment Corporation; Saudi's ACWA Power with Kuwait's Alternative Energy Projects Company; UAE's Abu Dhabi Future Energy Company (Masdar) with local company Fouad Alghanim & Sons General Trading and Contracting; France's EDF Renewables with Abdullah Al Hamad Al Sagar and Brothers Company and Korean Western Power Company and China's Jinko Power with Japan's JERA. KAPP and MEWRE were advised by Ernst & Young as lead and financial advisor, DLA Piper as legal advisor and DNV as technical and environmental advisor. (Writing by Sowmya Sundar; Editing by Anoop Menon) (
