Deals signed for RO885mn Ibri, Sohar-3 power project

Oman Power and Water Procurement Co (OPWP), the sole procurer of all new power generation and water desalination capacity in the sultanate, signed on Sunday a number of agreements to establish two independent power plants in Ibri and Sohar.

The project represents the single largest procurement by the power sector of the sultanate, with expected installed capacity of 3,219MW accounting for approximately 30 per cent of capacity of the Main Integrated System (MIS).

The event was held under the patronage of H H Sayyid Taimur bin As’ad al Said and was attended by a number of government officials, and representatives from the consortium and electricity sector in the sultanate.

The project was awarded to a consortium consisting of Mitsui & Co, Ltd, ACWA Power, and Dhofar International Development and Investment Holding Co (DIDIC).

The agreements were signed by Ahmed al Jahdhami, CEO of OPWP, Yoshio Kometani, chief operating officer of Mitsui & Co Ltd, Mohammed Abunayyan, chairman of ACWA Power, and Sheikh Khalid al Mashani, chairman of DIDIH.

The two gas-fired combined cycle power plants are expected to cost over RO885mn. The Ibri plant will contribute 1,509MW to the total installed capacity, with Sohar-3 adding 1,710MW3. The Ibri plant is planned to be commercially operated by the second quarter of 2019, and Sohar-3 plant is planned to be in operation by the first quarter of 2019.

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