Latest news with #KAPP
Zawya
01-07-2025
- Business
- Zawya
Kuwait opens bidding for 2 real estate redevelopment projects under PPP framework
The Kuwait Authority for Partnership Projects (KAPP), in cooperation with the Ministry of Finance, has issued Invitation to Bid (ITB) notices for two real estate Public-Private Partnership (PPP) projects in Qibla and Sharq areas. The tenders cover: 1. Al Muthanna Complex Real Estate Project – located in Block 12 of the Qibla area, on State-owned Plots No. 16 and 17, totaling 17,183 square metres (sqm) 2. Waterfront Real Estate Project – Phase III – located in the Sharq area, on Plot No. 1, spanning 384,385 sqm (excluding 56,111 sqm designated as Nig'ah Al-Shamlan) The scope includes rehabilitation, renovation, development, major and routine maintenance, management, and operation of the sites under a 15-year usufruct arrangement, in accordance with Law No. 116 of 2014 governing PPPs and its Executive Regulations. The tenders were issued on 29 June 2024 and the deadline for bid submission is 12:00 noon Kuwait time on 28 September 2025. Bidding companies must demonstrate a minimum of 10 years' experience in similar public or private real estate projects and provide documentation for at least two completed contracts, each valued at no less than 15 million Kuwaiti dinars ($49 million). (Writing by Majda Muhsen; additional writing by Nadim Kawach; Editing by Anoop Menon) ( (
Zawya
30-05-2025
- 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
29-05-2025
- 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
29-05-2025
- 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. (
