The Marubeni Consortium, comprising the Marubeni Corporation (Japan) as the lead founder, Oman Gas Company S.A.O.C, Bahwan Renewable Energy Company LLC and Modern Channels Services LLC, won the bidding process which attracted competitive tenders from highly reputed global developers in the renewable energy industry.
The plant will provide power for PDO’s Interior operations and be the first of its type in Oman. It will also be the world’s first utility-scale solar project to have an oil and gas company as the sole wholesale buyer of electricity.
The project includes the design, procurement, construction, commissioning, financing and operation and maintenance of the solar photovoltaic plant with a capacity of 100 megawatts that will be located in Amin which lies in southern OMAN in PDO’s concession area, approximately 210km north west of Thumrait.
The power will be structured as an IPP under the terms of the power purchase agreement for a period of 23 years.
The awarding ceremony took place on 7 November at PDO’s Muscat headquarters when more information will be released.
PDO has already ventured into solar energy with the large Miraah solar plant in Amal which it is developing with partners GlassPoint Solar to produce steam for thermal enhanced oil recovery. Also PDO installs thousands of solar panels in car parks at its Mina Al Fahal headquarters to power key offices and feed into the national grid during non-working hours.
Country updates
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October 30, 2018
Gulf Energy Development cements participation in US$480 million power project in Oman
Gulf Energy Development (GED) has announced that it has completed the acquisition of a 45% stake in Duqm Power Company (DPC) from the Oman Oil Company (OOC), a wholly-owned subsidiary of the Omani gov...
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September 06, 2018
Gulf Energy and Oman Oil Company sign joint venture agreement for 326 MW gas-fired power plant
Gulf International Holding Pte., Ltd (GIH), a subsidiary of Gulf Energy Development Public Company Limited or GULF under the CEO – Mr. Sarath Ratanavadi, has signed a Joint Venture Agreement of...
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July 03, 2018
Oman starts RfP stage of 500 MW solar tender
A request for proposals (RFP) to the pre-qualified applicants of the 500 MW solar tender has been issued by the Oman Power and Water Procurement Company SAOC (OPWP).
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April 13, 2018
RFQ for unprecedented 1,200 MW coal project in Oman
The Oman Power and Water Procurement Company (OPWP) has issued a Request for Qualification (RFQ) for a clean coal-fired independent power project (IPP) with a capacity of 1,200 MW and located at Duqm,...
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April 05, 2018
Shell Overseas Holdings Limited has officially completed the sale
Shell Overseas Holdings Limited has officially completed the sale. The acquisition includes the marketing rights for entitlement oil
