News

Nama Power and Water Procurement (PWP), the exclusive procurer of power and water in the Sultanate of Oman, is pleased to announce that it has officially received multiple bids from qualified developers for the development of two major Independent Power Projects (IPPs);Misfah IPP and Duqm IPP. These projects marks significant milestonein advancing the Sultanate of Oman’s energy growing demand and future network stability.

The project, which will be developed under a Build,Own, andOperate framework, represents a cornerstone of the Sultanate of Oman’s strategy to enhance energy security, support industrial growth, and diversified energy mix.

Launchedon27th of March 2025, the competitive bidding process received bids from regional and international developers with experience in financing, designing, constructing, and operating high-efficiency thermal power assets.

The proposed CCGT plants, to be located inMuscat and Al WustaGovernorates,are expected to have a combined generation capacity of approximately 2,400 MW. Once operational, theywill providereliable and dispatchable state-of-art power technology to the grid.

A total of 3bids were received from local and international consortiums:

NO. BIDDERNAME 

1 ACWA Power Company

2 Korea Western Power Co., Ltd.

Nebras Power Q.P.S.C.

Etihad Water and Electricity Company PJSC

Bhawan Infrastructure Services

3 Shenzhen Energy Group Co., Ltd.

Oman National Engineering & Investment Co.

Country:Sultanate of Oman,KSA,UAE, Qatar, South Korea, China. 

Quote from Ahmed bin Salim Al Abri, CEO of Nama Power and Water Procurement Company, stated:

"The receipt of bids for the development and operation of the Misfah and Duqm power plants represents a key milestoneto strengthening Sultanate of Oman’s energy infrastructure to meet the growing demand for electricity. This project reflects PWP’s commitment to developing and enhancing the sustainability and reliability of the energy sector and supporting industrial growth, while leveraging the expertise of regional and international developers in operating high-efficiency thermal power assets that are capable of partially operating with green hydrogen. These projects will also contribute to enhancing the flexibility of the electricity grid and ensuring reliable energy supply that aligns with the Sultanate of Oman’s future vision and aspirations in the energy sector and economic development."