Az-Zour North Phase 2 & 3 independent water and power producer, Kuwait/Saudi Arabia border
Prince Abdulaziz bin Salman witnesses the signing of the Acwa–GIC Consortium energy conversion and water purchase agreement for Az-Zour North Phase 2 & 3 IWPP with the State of Kuwait Ministry of Electricity, Water and Renewable Energy
Photo by Acwa
Name of the Project
Az-Zour North Phase 2 & 3 independent water and power producer.
Location
About 100 km south of Kuwait City, adjacent to the existing Az-Zour North Phase 1 facility, along the south-eastern coastline of Kuwait near the Kuwaiti-Saudi border.
Project Owner/s
The project company will be jointly owned by electric power generation ACWA Power and investment company Gulf Investment Corporation with a combined 40% stake.
The Kuwait Authority for Partnership Projects will hold the remaining 60%.
Project Description
Az-Zour North Phase 2 & 3 will be developed on a build, own and transfer basis under a 25-year agreement. Once completed, the project will deliver a net power generation capacity of about 2 700 MW and up to 120-million imperial gallons per day of desalinated water.
It will comprise a combined-cycle gas turbine power plant fuelled by natural gas, with gasoil backup, alongside a seawater reverse osmosis desalination facility.
Potential Job Creation
Not stated.
Capital Expenditure
$4-billion.
Planned Start/End Date
Not confirmed.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
SEPCO-III (engineering, procurement and construction contract); GE Vernova (gas turbines); and Acwa Operations (long-term operation and maintenance of the project throughout its 25-year term).
Contact Details for Project Information
ACWA Power, tel +966 11 283 5555 or email corporate.communications@acwapower.com.
Gulf Investment Corporation, tel +965 2222 5000 or email info@gic.com.kw.
Kuwait Authority for Partnership Projects, tel +965 2496 5900 or email info@kapp.gov.kw.
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