
Nama Power & Water Procurement, Oman announces the list of bidders who submitted bids for the development of Ibri III Solar IPP, in Ibri in Al Dhahirah Governorate.
The company has announced in January 2024 the request for qualification tender with the project capacity of 500 MW and estimated investment of Omani Riyal 155 million.
Following is the list of Bidders:
- Abu Dhabi Future Energy Company (Masdar), Korea Midland Power (“KOMIPO”), Al Khadra Partners
- ACWA Power , TotalEnergies Renewables
- EDF Renouvelables and Korean Western Power (“KOWEPO”)
- Sembcorp Utilities
The Company earlier notified that, the procurement of this solar project is part of the Sultanate of Oman’s government policy to diversify energy resources to meet the growing demand for electricity. The implementation of this project will follow the successful precedent IPP model established in the Sultanate of Oman and involves a fair and transparent competition process with the objective of awarding the contract to a highly qualified private sector developer with a view to deliver world class technology solutions to advance Oman’s renewable energy and energy resource diversification goals.
Schedule of Commercial Operation Date (SCOD) of the project is in Q1 2027.
Read Also: Oman Announces the Qualified Bidders for 500MW Ibri III Solar IPP