{"id":1165,"date":"2024-12-06T10:59:14","date_gmt":"2024-12-06T06:59:14","guid":{"rendered":"https:\/\/www.utilitybusinessmena.com\/?p=1165"},"modified":"2024-12-06T10:59:14","modified_gmt":"2024-12-06T06:59:14","slug":"oman-seeks-expressions-of-interest-for-two-2400-mw-ccgt-power-plants","status":"publish","type":"post","link":"https:\/\/cheeltech.com\/utilitybusinessmena\/electricity\/oman-seeks-expressions-of-interest-for-two-2400-mw-ccgt-power-plants","title":{"rendered":"Oman seeks Expressions of Interest for two 2,400 MW CCGT power plants"},"content":{"rendered":"\n

Nama Power and Water Procurement Company (PWP)<\/a>, Oman\u2019s sole entity responsible for power and water procurement, has issued an Expression of Interest (EOI) for the development of two new independent power projects (IPPs) with a combined capacity of 2,400 megawatts (MW).<\/p>\n\n\n\n

The projects are to be executed on a build, own, and operate (BOO) basis, supporting the Sultanate\u2019s interconnected power grid.<\/p>\n\n\n\n

The planned combined cycle gas turbine (CCGT)<\/a> power plants will contribute to Oman\u2019s energy infrastructure, with an initial generation capacity of 1,700 MW to be operational by April 2028.<\/p>\n\n\n\n

The remaining capacity will follow by April 2029 to ensure alignment with the country’s growing electricity demand.<\/p>\n\n\n\n

PWP is adopting a procurement framework consistent with its established practices for previous IPPs, including risk allocation and contractual structures.<\/p>\n\n\n\n

The projects will be financed by the private sector and will involve agreements for power purchase, natural gas supply, and electrical connections, following a framework similar to that of previous projects.<\/p>\n\n\n\n

 \u201cThe structure of these agreements has been proven to attract substantial private sector investment, ensuring efficient delivery of critical infrastructure,\u201d PWP said in its statement.<\/p>\n\n\n\n

Key project features:<\/strong><\/p>\n\n\n\n