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 Oil Company (KOC).
HEISCO submitted the price of KWD 19.9 million (USD 65.2 million).
Project Scope of Work includes replacement of existing substations in GC-25 and GC-28 with new Elevated substations.
Earlier, Mitsubishi HEISCO JV signed $298.3m Rehabilitation of Sabiya Power Plant Contract in Kuwait. (read more)
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