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Thursday , February 9 2023

22% state projects, worth KD 508m, belong to MEW

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KUWAIT CITY, Nov 17: According to informed sources in the Ministry of Electricity, Water and Renewable Energy, the total fund allocated to projects related to electricity and water is KD 508 million. These projects constitute 22 percent of the state’s projects amounting to a total of two billion and 299 million dinars. The sources explained that the ministry’s budget, which amounts to KD 3 billion and 205 million, during the current fiscal year of 2022/2023, includes the launch of three projects, which are gas turbines in South Al-Zour, Nuwaiseeb and Subbiya stations, at a value of KD 6.8 million.

Seven new projects have been included in the budget out of the 11 projects of all government agencies, including a fresh water filling station and ancillary works in Dhaher area, electrical feeding for food security projects, and installing photovoltaic panels for the Abdali project. Meanwhile, they warned against the delay in forming the Supreme Council for Privatization, stressing that further inaction in its achievement hinders the completion of the privatization of the project of the main concerns of the Ministry of Electricity and Water.

On a parallel line, a government report demanded the necessity of accelerating the formation of the Supreme Council for Privatization, which was scheduled to see the light in 2018. This step is awaiting the approval of the Central Agency for Public Tenders (CAPT) to award two practices for evaluating the assets and procedures for privatizing the works of the northern Shuaiba dual-purpose power generation plant. On the other hand, the ministry recently obtained the approval of CAPT to award a tender for the supply and extension of 132 kV ground cables, and telecommunication cables with their accessories in different parts of the country (the eighth phase), at a total value of KD 18.5 million. By Mohammad Ghanem Al-Seyassah Staff

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