Ibri 3 PV + BESS

Ibri 3 PV + BESS - a Solar Independent Power Producer in Oman. Capacity 500 MW. Winning consortium: Masdar + KOMIPO + Al Khadra + OQAE. Status: Awarded.

Country

Oman

Procurer

Nama PWP

City / region

Ibri, Al Dhahirah

Capacity

500 MW

Status

Awarded

LCOE

Not publicly disclosed

Winning consortium

Masdar + KOMIPO + Al Khadra + OQAE

Procurement timeline

• RFQ: Jan 2024
• RFP: Q4 2024
• Bid submission: Feb 2025
• Preferred bidder: Sep 2025
• Commercial close: 22 Sep 2025
• Financial close: 2025
• PCOD: Q1 2027

Prequalified bidders

9 PQ

• Masdar + KOMIPO + Al Khadra + OQAE
• ACWA + TotalEnergies
• EDF + KOWEPO
• Sembcorp

Runner-up bidders & tariffs

• ACWA + TotalEnergies
• EDF + KOWEPO
• Sembcorp

Financing

• Capex: USD 403 M (OMR 155M)

Technical scope

Process: 500 MW PV + 100 MWh BESS

Oman's first large-scale solar+BESS hybrid IPP

Notes

12 qualification submissions; 9 prequalified.

EPC contractor: CPECC (China)

Sources

• Oman Observer
• pv-magazine

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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.