Heavy Engineering Industries and Ship-building Company (Heisco) has announced that its consortium with Indian group VA Tech Wabag has emerged as the lowest bidder for a key desalination project being set up at an investment of KD114.3 million ($377 million) in Kuwait.
A major engineering, procurement and construction (EPC) contracting company based in Kuwait, Heisco said the Doha SWRO Desalination Plant will be located in the seaside district of Doha on the western coast of the capital Kuwait City.
The project, being implemented by the Ministry of Electricity & Water & Renewable Energy (MEW), is likely to be operational within an eight-year period.
In a disclosure statement in Kuwaiti stock exchange, Heisco said: "Our joint venture with VA Tech Wabag has achieved the lowest bid for the tender - Supply & Erection with O&M Services of Doha SWRO Desalination Plant with Re-carbonation System (Stage-2) -for the MEW."
A leading pure-play water technology Indian multinational group based in Chennai, VA Tech Wabag is focussed on desalination and water treatment for municipal and industrial users.
This announcement comes close on the heels of Wabag clinching a contract worth SAR1.02 billion ($272 million) by the Saudi Water Authority (SWA) for the development of a sea water reverse osmosis (SWRO) desalination plant in Yanbu, Saudi Arabia.
The scope of work includes design, engineering, supply as well as construction, and commissioning of the mega desalination plant, to be developed on a greenfield site located along the west coast of the kingdom.
Once completed, the mega project will boast a 300 million litres per day (MLD) capacity.-TradeArabia News Service
