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Five bidders left for Oman power project

The race to build Oman's largest IPP hots up as tenders revealed

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The race to build Oman's largest IPP hots up. (Getty Images)
The race to build Oman's largest IPP hots up. (Getty Images)

Five energy firms are waiting with bated breath as they anticipate the results of their tenders to build the largest independent power project in Oman, the Oman Daily Observer has reported.

The bidders - Mitsui & Co, Enka, Sembcorp Utilities, Siemens LLC and Marubeni Corp – have all submitted their offers to the Oman Power and Water Procurement Company, which has been charged with overseeing the implementation of the project at Sur.

The winning company will secure a licence to build the country’s largest Greenfield power project, with an installed generation capacity ranging from 1,500 to 2,000MW and at a cost of between $1.6 billion to an estimated $2 billion.

The IPP at Sur will go a long way to meeting the constantly rising demand for electricity in the region, and is intended to be in full power production before the summer 2014.

 

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