Kuwait Government to Sell Shares in Az-Zour Project

As the population of Kuwait grows, demand for electricity and water has been increasing. The Az-Zour North Independent Water & Power Project is a significant development occurring about 100 kilometers south of Kuwait City. On November 26, 2016, the power project portion was completed, giving the region a 1,500 MW natural gas-fired combined cycle power plant, accounting for about 12% of the installed generation capacity. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

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