Kuwait’s HEISCO and Mitsubishi Power emerge as lowest bidders for 2,400MW Sabiya Power Plant project
26 April 2022The Kuwait-based Heavy Engineering Industries & Shipbuilding Company (HEISCO) has announced that its consortium with the leading energy solutions company Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries, has emerged as the lowest bidder for a tender issued by Kuwait’s Ministry of Electricity, Water and Renewable Energy for the Sabiya Power Plant.
In its filing to the Boursa Kuwait, HEISCO said that the plant is located in the Al Jahra region of Kuwait, and that it is a 2,400MW oil-fired power project, which is being developed in multiple phases.
The scope of works includes the modernisation of steam turbines and electric generators for eight steam units at the plant, it added.
HEISCO is a major engineering, procurement and construction (EPC) contracting company based in Kuwait. It has a diversified range of business in oil and gas, petrochemicals, power, civil construction, shipbuilding and repair, dredging and marine construction and other industrial services.
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