Four bid for Oman’s Ibri 3 solar IPP
18 February 2025
Oman's Nama Power & Water Procurement Company (Nama PWP) has received four bids for the contract to develop and operate the sultanate’s next solar independent power producer (IPP) project, Ibri 3.
The 500MW scheme is Oman’s fourth utility-scale solar power plant project.
The companies that submitted bids for the Ibri 3 IPP contract are:
- Abu Dhabi Future Energy Company (Masdar, UAE), Korea Midland Power (Komipo, South Korea), Al-Khadra Partners (local)
- Acwa Power (Saudi Arabia) /TotalEnergies Renewables (France)
- EDF Renewables (France) / Korean Western Power (Kowepo, South Korea)
- Sembcorp Utilities (Singapore)
Nama PWP received prequalification applications for the Ibri 3 solar photovoltaic (PV) IPP contract in March last year, as MEED previously reported.
KPMG Lower Gulf, a subsidiary of the Netherlands-based consultancy company, has been selected to provide Nama PWP with financial advisory services for the Ibri 3 solar IPP project.
Previous projects
The country’s first 500MW solar IPP scheme, Ibri 2, came onstream in September 2021 and was officially inaugurated in January 2022.
Manah 1 and Manah 2 solar IPP projects, each with a capacity of 500MW, have recently been inaugurated.
A team comprising France’s EDF and South Korea’s Korea Western Power Company (Kowepo) won the contract to develop the Manah 1 solar PV IPP project.
A team of Singapore’s Sembcorp Industries and China-headquartered Jinko Power Technology was awarded the second 500MW solar PV IPP contract.
In September last year, Nama PWP tendered the contracts to develop two wind IPPs.
The Jalan Bani Bu Ali wind IPP t will cater to Oman’s Main Interconnection System (MIS), while the Dhofar 2 wind IPP will cater to the smaller Dhofar Power System (DPS).
The Jalan Bani Bu Ali wind IPP, located in South Sharqiyah Governate, will have a capacity of 91MW-105MW and has a commercial operation target of Q1 2027.
Adjacent to the existing Dhofar Wind 1 IPP in Shaleem and Al-Hallaniyat Islands in Dhofar Governate, the Dhofar 2 wind plant will have a capacity of 114MW-132MW and will be operational in Q2 2027.
Three other wind IPPs are expected to be tendered separately. They are:
Duqm wind IPP: Located in Ras Madrakah in Duqm, the project will have a capacity of 234MW-270MW, with commercial operations expected in Q4 2027
Mahoot wind 1 IPP: Located in Mahoot in the Al-Wusta Governate, the wind farm will have a capacity of 342MW-400MW, with a commercial operation target of Q4 2027
Sadah wind IPP: Located in Sadah in the Dhofar Governate, it will have a capacity of 81MW-99MW and is due for commercial operation in Q4 2027.
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Chinese firm wins Ceer automotive supplier park deal6 February 2026
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The bid submission deadline is 26 February.
The first scheme under the package is TF-16-C1, which involves upgrading and rehabilitating the stormwater system east of the Dubai Canal.
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Modon tenders Ras El-Hekma construction contracts
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Abu Dhabi-based developer Modon Holding has tendered several contracts as part of the first phase of development at Ras El-Hekma, a planned new city on Egypt’s Mediterranean coast.
MEED understands that the tenders were issued in January.
These include:
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Modon has accelerated development works at Ras El-Hekma this year. In January, MEED reported that Modon Holding had awarded a E£15bn ($316m) contract for the construction of a project at Ras El-Hekma.
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As part of the first phase, Modon plans to develop more than 50 million square metres (sq m), including hotels and a marina.
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Commercial International Bank Egypt (CIB) has provided €58m in credit facilities to local firm Elsewedy Electric for the construction of a combined-cycle gas turbine (CCGT) power plant in Hungary.
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AD Ports will hold a 70% stake in the joint venture, with the remaining 30% held by ADC.
AD Ports Group will also invest AED141m ($38.4m) in the joint venture.
The signing ceremony was held at the Aqaba Special Economic Zone Authority headquarters in Aqaba on 5 February.
The agreement was signed by Hussein Safadi, CEO of ADC, and Ahmed Al-Mutawa, regional CEO of AD Ports Group.
Aqaba port handles about 80% of Jordan’s exports and 65% of its imports.
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In 2025, the terminal handled over 5.3 million tonnes of cargo and nearly 85,000 car equivalent units of Ro-Ro imports.
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The Al-Madouneh customs centre covers about 1.3 million square metres (sq m) and was inaugurated in June last year.
The announcement followed AD Ports Group’s signing of a shareholders’ agreement in January 2024 between its digital arm, Maqta Gateway, and Jordan’s Aqaba Development Corporation regarding their existing joint-venture company, Maqta Ayla.
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Chinese firm wins Ceer automotive supplier park deal
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Beijing-headquartered Metallurgical Construction Corporation (MCC) has won a contract to undertake the steel structure works on the Ceer automotive supplier park in King Abdullah Economic City (KAEC).
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Ceer retendered the project in September last year.
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