Mazad invites bids for Sitra Power and Water Station

TDT | Manama                                                

The Daily Tribune – www.newsofbahrain.com     

Mazad said it’s continuing to accept bids for the auction of the Sitra Power and Water Station, which will close at 10am on May 23, 2023.

The Electricity and Water Authority, the current owner of the site, is working in collaboration with Mazad, a subsidiary of the Bahrain Mumtalakat Holding Company, to identify a buyer.

The auction commenced in early February, with the bidding process starting at BHD 10,200,000.

The successful bidder will be accountable for disassembling all equipment, structures, and production unit foundations and accessories at the Sitra plant.

Additionally, they will need to arrange the necessary tools and machinery for the plant’s dismantlement.

The Sitra plant was operational for over 40 years prior to its closure in 2021.

The site has highly specialised equipment which could be repurposed including; six desalination distillers with a processing capacity of up to 25 million gallons per day; six steam boilers; four 25 MW capacity steam turbines with generators; a gas turbine with a capacity of 25 MW; two gas reduction stations; numerous pumps, transformers, switches and electrical Talal Al Araif, Chief Executive Officer of Mazad, said: “The opportunity to purchase and dismantle the Sitra station, with its various constituent parts, is a unique one for any investor and helps Mazad in its aims of helping the local economy and kick-starting projects that will increase national revenue.