Sur IPP set for third quarter commissioning
Start-up of Oman's largest power project imminent, says OPWP.
Oman’s delayed Sur Independent Power Project (IPP) is expected to be fully commissioned by the third quarter of 2014, according to Oman Power and Water Procurement Co’s (OPWP) 2013 annual report.
The largest power and water project in the country with a total of 2,000 MW of contracted capacity is being developed by Phoenix Power Company, a Marubeni-led consortium.
As per usual in Oman, an initial public offering of around 35% of the equity is likely to take place sometime in 2015 once the power station has become fully operational.
Delays related to Sur forced OPWP to contract temporary power generation to support the Main Interconnected System (MIS), the report said.
Among OPWP 's other key priorities for 2014 are issuing requests for proposals (RFPs) and the signing of power and water purchase agreements for the Salalah 2 IPP, Musandam IPP and Qurayyat IWP.
OPWP has identified 56 potential sites for new power and water projects over the next 30 years, the report said.
Oman needs to add power capacity of 1,500 MW in 2017 and a further 1,860MW in 2018, it added.