KAPP opens financial bids for Al-Zour North power plant project (Phases 2 & 3)
In a significant step forward for one of Kuwait’s major infrastructure projects, the Kuwait Authority for Partnership Projects (KAPP) announced today that it has officially opened the financial bids for the second and third phases of the Al-Zour North Power Plant project. This move is part of the final preparations to evaluate and select the most suitable investor to undertake the implementation of the project.
The bid opening marks the culmination of a rigorous tendering process, during which qualified consortia submitted their technical and financial proposals under the framework of Kuwait’s Public-Private Partnership (PPP) program, reports Al-Rai daily.
By finalizing the financial bid phase, KAPP is now positioned to assess the proposals and determine the best offer in terms of value, capability, and long-term viability for the project.
The Al-Zour North project is considered one of the cornerstone initiatives in Kuwait’s strategy to expand and modernize its power and water production infrastructure through private sector participation. Once a preferred bidder is selected, the project is expected to move rapidly into its implementation phase, contributing significantly to the country’s energy security and economic diversification goals.
This latest development confirms the state’s commitment to transparent and competitive bidding processes in delivering vital national projects in partnership with the private sector.
