Search by Popular Categories


  • Consumer

  • Commercial

  • Construction

  • Industrial

  • Oil & Gas

  • DIAMOND SPONSOR

OIL AND GAS NEWS

Korean group closes deal for 500MW Oman solar project

May 21, 2023 7:16 PM

Leading South Korean group Kowepo (Korea Western Power) said it has officially signed the contract with Oman Power and Water Procurement Company (OPWP) for the development of a 500 MW solar plant in the...

Leading South Korean group Kowepo (Korea Western Power) said it has officially signed the contract with Oman Power and Water Procurement Company (OPWP) for the development of a 500 MW solar plant in the Manah region of the sultanate.
 
The project is for establishment of a 1,000 MW solar power plant in the Manah region. The project was awarded by OPWP in two separate orders in 2019 - Manah 1 (500MW) and Manah 2 (500MW). 
 
Once completed, it will be the largest solar power plant in Oman, reported Business Korea.
 
The Manah 1 solar power project will be developed by Kowepo and its French partner EDF-R at an investment of 600 billion won ($452 million), while Manah 2 will be taken care of by a consortium of Jinko Power from China and Sembcorp from Singapore. 
 
Work on the project will begin in November and is due for completion in March 2025. 
 
As per the deal, Western Power will also be responsible for the operation and maintenance (O&M) of the solar power plant. 
 
The electricity to be produced over the next 20 years is guaranteed to be purchased by OPWP, it added.

OIL AND GAS NEWS

Sharakah and OPAL tie up to promote youth projects Mar 25, 2024 10:27 AM

Sharakah Oman s leading SME development firm has signed a Memorandum...

Shell Oman unveils upgraded Shell V-Power for engine efficiency Feb 28, 2024 15:25 PM

Shell Oman Marketing Company has introduced the improved Shell V-Power...

Sinopec Tech seals major PDO technology trial contract Jan 2, 2024 12:42 PM

Sinopec Tech Middle East (STME) has announced that it has signed...

Omani group OQ signs deals to set up industries in Ladayn Dec 10, 2023 18:43 PM

Oman-based integrated energy group OQ said its petrochemical unit...

OQ signs 9 deals to set up $88m worth of industries in Ladayn Dec 10, 2023 18:08 PM

OQ Refineries and Petrochemical Industries a subsidiary of OQ the...

Al Maha, Al Qalaf Marine partners on 4-stroke marine engine oil Sep 24, 2023 10:23 AM

Al Maha Petroleum Products Marketing recently announced the signing...