Salalah IWPP
Salalah IWPP - a Independent Water & Power Project in Oman. Capacity 445 MW. Winning consortium: Sembcorp + Oman Investment Corp. Status: Operational.
- Country
- Oman
- Procurer
- OPWP
- City / region
- Raysut, Salalah, Dhofar
- Capacity
- 445 MW
- Status
- Operational
- Power tariff
- Not publicly disclosed
Winning consortium
Sembcorp + Oman Investment Corp - equity: Sembcorp + OIC
Procurement timeline
- RFP: 2008
- Bid submission: 2009
- Preferred bidder: 2009
- Commercial close: Nov 2009
- Financial close: 22 Nov 2009
- PCOD: 2012
Financing
- Capex: ~USD 1.0 bn
- Debt: USD 762 M (75%)
- Lenders: Int'l: StanChart, SMBC, KfW (USD 280M); Chinese: USD 350M
- Tenor: 17 yr
Technical scope
Process: CCGT + SWRO
MoF directly guarantees OPWP tariff; first major Chinese-bank tranche in Oman IWPP
Notes
Sembcorp Salalah IPO Sep 2013.
EPC contractor: Daewoo E&C
Sources
Open the full IWPP / IPP benchmark →Part of the GulfInfra · GCC Infrastructure Library - a free open-source benchmark of 136 public-private partnership procurements across the GCC. Methodology: how we build this.