Sultanates next independent power project will be split over two sites
- OPWP has received technical submissions from four groups for 3,200MW Sohar 3/Ibri independent power project
- Final commercial submissions are due on 2 August
- Scheme is largest IPP undertaken in the sultanate to date
Oman Power & Water Procurement Company (OPWP) has received technical submissions from four groups for the 3,200MW Sohar 3/Ibri independent power project (IPP).
MEED reported in early June that four of the seven prequalified groups were preparing to submit bids for the tender, and all four submitted technical forms on 14 June. The client is currently evaluating the proposals.
Final commercial submissions are due on 2 August.
The four consortiums that submitted technical bids are led by the following developers:
- GDF Suez (now called Engie; UK/France)
- Marubeni (Japan)
- Mitsubishi (Japan)
- Mitsui (Japan) / Acwa Power (Saudi Arabia)
The scheme is the largest IPP undertaken in the sultanate to date, and will be split between the two sites in Sohar and Ibri. The plants are being tendered as one developer contract, but a separate special-purpose vehicle (SPV) will be formed for each plant.
The IPP is part of the governments efforts to meet rising demand for power in the Main Interconnected System (MIS), the sultanates main grid, and follows on from the Sur IPP, which added 2,000MW to the MIS grid when it was commissioned at the end of 2014.
According to OPWP, in its latest seven-year statement, which sets out forecasts for 2014-20, peak demand is expected to grow at an average of 10 per cent a year, from 4,455MW in 2013 to 9,133MW in 2020.
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