Heavy Engineering Industries & Shipbuilding Co. K.S.C. (HEISCO), Kuwait announced in a statement that it has submitted the lowest bid for the Substation Project.
The tender was issued by Kuwait Petroleum Corporation, a subsidiary of Kuwait Oil Company (KOC).
HEISCO submitted the price of KWD 11.5 million (USD 37.8 million).
Project Scope of Work includes Construction of a 72MW, 11KV main consumption substation in Al-Rawdatain F and 20MW, 11KV substations in the GC-25 and GC-15 assembly centers and a variable speed drive substation in the GC-25 assembly center and related works.
Earlier, HEISCO announced that its JV Wins $160.2m Project in Kuwait. (read more)
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