Oman to tender power project and sign Salalah project soon
Oman will launch a tender process later this month for its single largest independent power project (IPP), which could have a capacity of 3,200 MW.
Ahmed Al Jahdhami, the CEO of Oman Power and Water Procurement Company (OPWP), the process of pre-qualifying bidders for the project, which was launched in 2014, is expected to conclude soon. Ahmed Al Jahdhami stated in an exclusive interview with Muscat Daily:
“Two sites, one in Ibri and another in Sohar, within the Main Interconnected System (MIS) region have been finalised for this major project. The project will be spread over two sites but only one tender will be floated for both."“The aggregate power generation capacity of these two combined facilities is currently under review and could go up to 3,200MW.”The project is scheduled to be operational by 2019.
Ahmed Al Jahdhami has also announced that the OPWP expects to sign an agreement in March this year for the Salalah 2 Independent Power Project (IPP). The project's capacity will be between 300 MW and 400 MW. Three pre-qualified applicants submitted the final bid for the project:
- a consortium led by EDF International,
- Korea Electric Power Corporation (KEPCO) and
- Mitsui Co
The winning bidder would take over the existing asset and build the new power plant at the same site. The scope of the Salalah 2 IPP includes design, construction, ownership, financing, operation and maintenance of a high efficiency facility which will extend the current power capacity of 273 MW to around 600 MW.
The project is expected to be completed by 2018.Country news
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March 24, 2015
ACWA Power and Mitsui win tender for $630mn Salalah 2 IPP
Oman Power and Water Procurement Company (OPWP) has awarded a consortium of ACWA Power, Mitsui & Co and Dhofar International Development and Investment Holding Coompany (DIDIC) the contract to develop the Salalah 2 Independent Power Project (IPP). Read more -
March 31, 2015
OPWP launches tender process for financial advisor
Oman Power and Water Procurement (OPWP) has launched a tender process to hire a financial advisor for the 489 MW Salalah IWPP refinancing plan. Read more -
May 27, 2015
ACWA Power, Mitsui and DIDIC sign Salalah IPP 2
Oman Power and Water Procurement Company (OPWP) along with the a consortium of ACWA Power, Mitsui & Co and Dhofar International Development and Investment Holding Coompany (DIDIC) have signed the contract to develop the Salalah 2 Independent Power Project (IPP). Read more -
July 31, 2015
Financial close reached for Oman Musandam Independent Power Plant project
Oman Oil Co's majority owned subsidiary Musandam Power Company (MPC) has closed on the finance of its 120 MW Musandam power project in Oman. Read more -
September 02, 2015
ACWA and Mitsui close financing for Salalah 2 IPP
The consortium of ACWA Power, Mitsui & Co and Dhofar International Development and Investment Holding Co (DIDIC) has achieved financial close for the development, construction, ownership and operation of a 445 MW high efficiency gas fired power generation plant along with the acquisition of an existing 273 MW natural gas fired Salalah 2 IPP power plant. Read more
