Latest news with #IndependentPowerProject
ME Construction
07-04-2025
- Business
- ME Construction
NPWPC receives strong response for Misfah and Duqm power plants
A total of twelve major utility developers have submitted their Statements of Qualifications (SOQs) for consideration including: Samsung C&T Corporation, Korea Western Power, Marubeni Corporation, Sumitomo, Reliance Power, Sembcorp Utilities, and Shenzhen Energy Group. These firms bring experience in developing large-scale power infrastructure and represent a strong vote of confidence in Oman's energy sector. Key regional companies that have entered the race include Acwa Power Company, Nebras Power, Al Ghanim International, Etihad Water and Electricity Company (EtihadWE), and Al Jomaih Energy & Water Company—highlighting the strategic importance of these projects within the GCC. According to NPWPC, the combined scope of the projects includes the development of two combined cycle gas turbine (CCGT) power plants, with a total installed capacity of 2,400MW. Both plants will be developed under Oman's Independent Power Project (IPP) model, which promotes private sector participation through competitive procurement and long-term power purchase agreements. The Misfah IPP is expected to support the high energy demands of the capital region, while the Duqm IPP is aligned with the government's broader plan to transform the Duqm Special Economic Zone into a major industrial and logistical hub. With the submission phase completed, Nama will proceed with the evaluation and shortlisting of qualified bidders, moving toward the next phase of project development and eventual financial close.
Zawya
25-02-2025
- Business
- Zawya
DEWA issues EOI for 1.6GW solar plus storage project
Dubai Electricity and Water Authority (DEWA) has invited Expression of Interest (EOI) submissions to build and operate a new solar photovoltaic power with Battery Energy Storage System (BESS) with an aggregate capacity of 1,600 MWac up to 2000 MWac in solar PV and 1,000 MW in BESS (six-hours storage). The project, which constitutes the seventh phase of the Mohammed Bin Rashid Al Maktoum Solar Park, will be developed on an Independent Power Project (IPP) basis, the DFM-listed utility said in a public notice on Tuesday. DEWA said the EOI notice marks 'the commencement of the competitive tender process to select a suitable developer/developers or developer consortium/consortia to share ownership of project company/ companies to be incorporated in accordance with Dubai and UAE laws to build and operate the Independent Power Project (IPP).' The project is expected to be commissioned in phases starting August 2027, The power generated by the Project will be purchased by DEWA under a long-term Power Purchase Agreement (PPA). The deadline for submit an Expression of Interest (EOI) in an electronic copy is no later than 12 noon on 21st March 2025 to P7SolarProject2 (at) contracts(at) and Ippp7(at) Last week, DEWA had announced the appointment of a global consortium led by Deloitte as consultant for the seventh phase. (Writing by Deva Palanisamy; Editing by Anoop Menon) (
