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Masdar and Acwa Power vie for Oman solar project

Oman's Nama Power received 12 submissions for qualification from local and international developers Pexels/Gustavo Fring
Oman's Nama Power received 12 submissions for qualification from local and international developers

The UAE’s Masdar and Saudi Arabia’s Acwa Power have been shortlisted to develop Oman’s 500-megawatt (MW) Ibri III solar project.

The plant, launched by Nama Power and Water Procurement Company, will be built at a cost of OR155 million ($401 million). 

The state-backed company received 12 submissions for qualification from local and international developers, of which nine were either conditionally or unconditionally qualified following a rigorous evaluation process.

Other shortlisted candidates are Total Energies, International Power (Engie), EDF Renouvelables and Korean Western Power, Sumitomo Corporation, Jinko Power, Sembcorp Utilities, Al Riyadh National Trading and Korea Midland Power.

This is the fourth solar independent power producer (IPP) that the group has tendered, following the Ibri II solar IPP becoming operational from summer 2021 and the under-construction Manah I and II solar IPPs.

Nama Power is working to finalise the proposal request, which will soon be issued to the above-listed prequalified applicants.

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