Oman prequalifies seven for Misfah and Duqm power plants
21 May 2025
Oman’s Nama Power & Water Procurement Company (Nama PWP) has qualified seven firms that can bid for a contract to develop and operate a gas-fired independent power producer (IPP) project in the sultanate.
The Misfah and Duqm combined-cycle gas turbine plants will have a combined capacity of 2,400MW and will be tendered as one contract, a source close to the project previously told MEED.
The utility developers that have been prequalified to bid for the contract are:
- Acwa Power (Saudi Arabia)
- Korea Western Power Company (Kowepo, South Korea)
- Marubeni Corporation (Japan)
- Nebras Power (Qatar)
- Sembcorp Utilities (Singapore)
- Shenzhen Energy Group Company (China)
- Sumitomo Corporation (Japan)
Located in the wilayat of Bousher in Muscat Governorate, the Misfah IPP will have a design capacity of 1.6GW, costing approximately RO590m ($1.53bn).
The IPP located in Duqm Governorate will have a design capacity of 800MW and will cost approximately RO290m ($753m).
Both IPPs are expected to reach commercial operation by Q2 2029.
Nama PWP invited interested firms to submit their prequalification applications for the project in January, with a deadline of 13 March.
It received statements of qualifications from 12 firms, MEED reported in early April.
The Misfah and Duqm IPPs will be implemented on a build, own and operate basis.
US/India-based Synergy Consulting is the client’s financial adviser.
The new project represents a u-turn on a previous announcement that Oman would not build any new gas-fired power generation plants, which local media reported in 2022.
In May last year, Nama PWP announced the award of renewed contracts for four gas-fired independent power and water projects in the sultanate.
The agreements collectively secured over 1,500MW of electricity and 200,000 cubic metres a day of desalinated water for up to nine years.
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