Ansaldo wins Oman IPP turbine contracts

14 March 2016

Italian firm will provide power equipment for 3,219MW power plants

Italy’s Ansaldo has been awarded two contracts worth a total of about €600m ($669.7m) to provide turbines for the Ibri/Sohar 3 independent power project (IPP) in Oman.

For each of the two plants, Ansaldo will provide four gas turbines, four heat recovery steam generators , two steam turbines and six turbo generators to China’s Sepco 3, which is the EPC contractor for both plants.

MEED recently reported that a consortium led by Japan’s Mitsui and Saudi Arabia’s Acwa Power had signed the power purchase agreement (PPA) for the 3,150MW Ibri/Sohar 3 IPP.

The team signed the PPA on 1 March.

MEED reported in January that the project owner, Oman Power & Water Procurement Company (OPWP), had selected the Mitsui/Acwa consortium as preferred bidder for the scheme.

Mitsui has the majority share in the winning consortium, with 50.1 per cent ownership. Acwa Power holds 44.9 per cent and the local Dhofar International Development & Investment Holding the remaining 5 per cent.

See more contract awards

Sum of Net Project Value ($m)Industry      
Country NameConstructionTransportGasIndustrialPowerWaterGrand Total
UAE1287707 76 142084
Kuwait10 2930   2940
Qatar151     151
Egypt1401156  2502501796
Saudi Arabia1515 1040 110 2665
Oman45   150 195
Bahrain    3 3
Iran 3000    3000
Grand Total3148486339707651326412834
For more information visit MEED Projects     

A MEED Subscription...

Subscribe or upgrade your current package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications