ACWA, the world’s major private water desalination company, and Gulf Investment Corporation (GIC), have announced the signing of the Energy Conversion and Water Purchase Agreement (ECWPA) for the Az-Zour North Phase 2 & 3 Independent Water and Power Producer (IWPP) project in southern Kuwait for a period of 25 years, with the Ministry of Electricity, Water and Renewable Energy (MEWRE) of the State of Kuwait.
Az-Zour North Phase 2 & 3 will be developed on a Build-Operate-Transfer (BOT) basis under a 25-year agreement. Once completed, the project will deliver a net power generation capacity of +2,700 megawatts (MW) and up to 120 million imperial gallons per day (MIGD) of desalinated water per day, significantly reinforcing Kuwait’s electricity generation capacity and water security infrastructure.
The project is located approximately 100 kilometres south of Kuwait City, adjacent to the existing Az-Zour North Phase 1 facility, along the southeastern coastline of the State of Kuwait near the Kuwaiti-Saudi border. It will comprise a combined cycle gas turbine (CCGT) power plant fuelled by natural gas, with gasoil back-up, alongside a seawater reverse osmosis (RO) desalination facility.
The total investment for the project exceeds USD 4bn.SCWA,