Kuwait-listed Heavy Engineering Industries and Shipbuilding Company (HEISCO) said on Wednesday it has signed a contract with the Ministry of Electricity, Water and Renewable Energy with a value of around 136.6 million Kuwaiti dinars ($450 million).

In a bourse disclosure statement, the firm said the project involves “boiler rehabilitation and lifetime extension and replacement of control system for boiler, steam turbines and auxiliaries for eight units” at Al-Zour South Power and Water Distillation Station.

Read more: Kuwait’s Az-Zour South Power Station gets major upgrade

(Writing by Nadim Kawach; Editing by Anoop Menon)

(anoop.menon@lseg.com)

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