Regional News

Three groups bid for IPPs

October 2015

Three consortiums led by prominent global utilities have submitted proposals for the development of two major independent power projects (IPPs) at Ibri and Sohar in Oman, a report said.

The consortiums include Engie (formerly known as GDF Suez), Marubeni Corporation, and Mitsui & Co, the Oman Observer report quoted an Oman Power and Water Procurement Company (OPWP) source as saying.

The two power plants have a combined net capacity of between 2,500 and 2,650 MW. The successful bidder will receive a licence to develop, own and operate the two power plants and associated facilities.

The full capacity is expected to be available by April 2018, the report said.

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