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UAE and Saudi firms vie for Sitra power plant
The article outlines the details of a project to establish the Stura Independent Power and Water Station, which will be developed by a private company under a Build-Own-Operate (BOO) system. The project involves constructing power generation units using combined cycle technology with a capacity ranging from 1,400 to 1,500 megawatts, as well as units for seawater desalination with a production capacity of 5,682 cubic meters per hour. Two bids have been submitted for the competition: one valued at 0.001 Bahraini dinars from the Saudi company ACWA Power, and the other at 47.5 thousand dinars from Abu Dhabi National Energy Company. The bids will be evaluated to award the contract to the bidder offering the best price that meets the project's requirements. The goal of the project is to enhance the kingdom's energy and water supply needs through private sector financing, thereby reducing the financial burden on the state budget.
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