A Kuwaiti company said on Monday it has won a contract for the rehabilitation and extension of lifetime of boilers at Al-Zour South Power and Water Distillation Station in South Kuwait.

Heavy Engineering Industries and Shipbuilding Company said in a Kuwait bourse statement the contract has a value of 136.6 million Kuwaiti dinars ($450 million) and also includes replacement of control systems for boiler, steam turbines and auxiliaries for eight units at the station.

The Company said it has received a letter from the Electricity, Water and Renewable Energy Ministry confirming the award of the project.

(Writing by Nadim Kawach; Editing by Anoop Menon)

(anoop.menon@lseg.com)

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