Financial Close Reached for 120 MW Onshore Wind Project in Oman
A consortium comprising EDF Power Solutions, Al Khadra Partners and OQ Alternative Energy (OQAE) has reached financial close for the 120 MW Jaalan Bani Bu Ali (JBB) Wind Independent Power Project in South Al Sharqiyah Governorate, Oman.
The project is backed by a 20-year Power Purchase Agreement (PPA) with Nama Power and Water Procurement Company (Nama PWP). Situated in South Al Sharqiyah Governorate, around 440 km from the Port of Duqm, the wind farm will feature 16 turbines, each with a capacity of 7.7 MW. Commercial operations are targeted to begin in Q3 2027.
Once operational, the JBB Wind Farm is expected to produce enough renewable power to meet the annual electricity needs of more than 13,500 Omani households and help avoid over 270,000 tonnes of CO₂ emissions per year. The project supports Oman Vision 2040 and the Sultanate's objective of increasing the share of renewable energy in the national electricity mix to at least 30% by 2030, while advancing the country's Net Zero 2050 ambitions.
Country news
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January 19, 2026
Financial Close Achieved for 500 MW Solar & Battery Storage Project in Oman
Masdar, and consortium partners Al Khadra Partners, Korea Midland Power Co. Ltd (KOMIPO), and OQ Alternative Energy (OQAE), have reached financial close for the 500 MW Ibri III Solar Independent Power Project in the Sultanate of Oman.
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September 23, 2025
Agreement signed for 500 MW Solar PV Project in Oman
Nama Power and Water Procurement (PWP) has signed an agreement for the development of 500 MW Ibri III Solar Project in Oman.
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August 20, 2025
500 MW Solar Project becomes Operational in Oman
Shanghai Electric's first solar power plant in Oman, the 500MW Oman Manah-1 Solar IPP Project, has completed one month of smooth operations after passing all assessments and final handover.
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March 04, 2025
Bids received for 500 MW Solar IPP Project in Oman
Nama Power & Water Procurement (PWP), Oman announces the list of bidders who submitted bids for the development of Ibri III Solar Independent power plant (IPP), in Ibri, a city in the governorate of Ad Dhahirah, in northwestern Oman.
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February 05, 2025
RFQ issued for 2,400 MW CCGT Independent Power Plants in Oman
Nama Power and Water Procurement Company SAOC (PWP), Oman announces the launch of the Qualification process for interested developers through the issuance of the Request for Qualification (RFQ) document to develop two combined cycle gas turbines power plants with a total capacity of 2,400 MW to be located in Misfah and Duqm.
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