Sohar 3 IPP
Sohar 3 IPP - a Independent Water & Power Project in Oman. Capacity 1.7 GW. Winning consortium: Mitsui + ACWA + DIDIC. Status: Operational.
- Country
- Oman
- Procurer
- OPWP
- City / region
- Sohar
- Capacity
- 1.7 GW
- Status
- Operational
- Power tariff
- Not publicly disclosed
Winning consortium
Mitsui + ACWA + DIDIC - equity: Mitsui 50.1% / ACWA 44.9% / DIDIC 5%
Procurement timeline
- RFP: 2015
- Bid submission: 2015
- Preferred bidder: 15 May 2016
- Commercial close: May 2016
- Financial close: 2016
- PCOD: Q2 2019
Financing
- Capex: ~USD 983M-1.0bn
- Lenders: Mitsui-led Japanese + int'l
- Tenor: Long-tenor PF
Technical scope
Process: CCGT (Alstom GT26)
Joint tender with Ibri totalling 3,219 MW (largest single IPP tender at the time)
EPC contractor: SEPCO III
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.