Oman awards Ibri 3 solar IPP contract
22 September 2025
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Oman has awarded the contract to develop the Ibri 3 solar independent power project (IPP) to a consortium of Abu Dhabi Future Energy Company (Masdar), Korea Midland Power, and local firms Al-Khadra Partners and OQ Alternative Energy.
The scheme will have a capacity of 500MW and is estimated to cost RO155m ($403m). It will be built in the wilayat of Ibri in Al-Dhahirah Governorate.
The winning consortium signed a power purchase agreement with Nama Power & Water Procurement Company (Nama PWP) on 22 September, in a ceremony attended by Eng Salim Bin Nasser Al-Aufi, Energy & Minerals Minister.
Commercial operations are scheduled for the first quarter of 2027. The project will be located on a 10 million square metre site next to the 500MW Ibri 2 solar IPP, which was inaugurated in January 2022.
The Masdar-led group was selected from four bidders. The other competitors included Acwa Power and TotalEnergies Renewables; EDF Renewables and Korean Western Power; and Sembcorp Utilities.
Ibri 3 is Oman’s fourth large-scale solar power project. It forms part of the sultanate’s strategy to generate 30% of its electricity from renewables by 2030, rising to 60%–70% by 2040 and eventually to 100% by 2050.
The Manah 1 and Manah 2 solar IPP projects, each with a capacity of 500MW, were inaugurated earlier this year.
The country’s renewable energy capacity is expected to reach 8GW by 2030, with about 4.5GW of solar IPPs and 1GW of wind capacity planned for development across several sites.
This includes:
- 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 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 Dhofar Governorate, it will have a capacity of 81MW-99MW and is due for commercial operation in Q4 2027.
Nama PWP recently invited bids for a consultancy contract covering project management and supervisory services for the Misfah and Duqm IPPs. Interested firms must submit their bids by 2 October.
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The contract, titled TF-15-S1 Supervision of Stormwater Drainage System projects – Package 2, will be awarded as a single package with dedicated teams assigned to each project.
The request for qualifications (RFQs) was issued by the municipality’s Sewerage and Recycled Water Projects Department (SRPD).
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.
The second, TF-15-C2, will deliver stormwater links along Umm Suqeim Road to serve the Al-Barsha and Al-Quoz communities.
The third project, TF-13-C1, focuses on developing a drainage system for the Al-Marmum area.
Several engineering, procurement and construction (EPC) contracts have been awarded under the Tasreef initiative, which aims to expand Dubai’s rainwater drainage capacity by 700% by 2033
In January, local firm DeTech Contracting won the main contract to construct a stormwater drainage system in Jebel Ali.
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Separately, Dubai Municipality has opened bidding for EPC contracts to expand and rehabilitate the emirate’s sewerage networks.
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Distributed to senior decision-makers in the region and around the world, the February 2026 edition of MEED Business Review includes:
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Modon tenders Ras El-Hekma construction contracts
6 February 2026
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:
DP3 assets: covering 146 residential villas, 590 three-bedroom townhouses, 356 four-bedroom townhouses, a mall and other associated works.
Bids due on 23 February.
DP4 assets: DP4 includes 54 villas, a clubhouse and other associated infrastructure.
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DP6 assets: This package covers a 200-key Montage hotel, 96-unit Montage-branded residences and related infrastructure.
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DP7 assets: 120 five-bedroom villas, 230 seven-bedroom villas, 284 branded residential units and other infrastructural works.
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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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The scope of the contract covers the construction of residential units, commercial facilities and a 70-key hotel.
In September, MEED reported that Modon Holding had tendered contracts for the infrastructure works for the first phase of the Ras El-Hekma project.
As part of the first phase, Modon plans to develop more than 50 million square metres (sq m), including hotels and a marina.
Ras El-Hekma is on a spur of land on Egypt’s northern Mediterranean coastline, about 240 kilometres west of Alexandria.
Last year, Abu Dhabi-based holding company ADQ appointed Modon Holding as the master developer for the Ras El-Hekma project.
According to an official statement, Modon will act as the master developer for the entire development, which will cover more than 170 million sq m.
Modon Holding will develop the first phase of the project, which will cover 50 million sq m.
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In September 2024, Modon signed several memorandums of understanding (MoUs) with local and international firms to join the development. It signed a framework agreement with Orascom Construction to serve as the primary contractor for the project’s first phase.
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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 signs Jordan Aqaba port PPP deal
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AD Ports will manage and operate the port under a 30-year concession agreement.
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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.
It serves as a key transit point for Jordan’s neighbouring countries, including Saudi Arabia and Iraq. The port has an annual handling capacity of 11 million tonnes, supported by nine berths, a quay length of 2 kilometres and a draft of 13.5 metres.
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).
The supplier park is located next to Ceer’s electric vehicle (EV) production facility in KAEC.
The automotive supplier park will include production and ancillary facilities for various suppliers and provide the material supply infrastructure for Ceer’s EV plant.
The facilities include:
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Earlier this week, MEED exclusively reported that Ceer had awarded a contract to build the automotive supplier park to Jeddah-based construction firm Modern Building Leaders (MBL).
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