A consortium led by Japan's Marubeni Corporation has been adjudged the winner of a contract to develop a 100 MW solar power plant in Oman, which will be the country's 'first solar IPP project'. The Petroleum Development Oman (PDO) announced the winning consortium whose other participants are Oman Gas Company S.A.O.C., Bahwan Renewable Energy Company LLC and Modern Channels Services LLC.
The consortium will design, procure, construct, commission, finance and also provide operation and maintenance of the plant.
PDO had issued the expression of interest (EoI) in January 2018 for this project to be located in the desert region of Amin (see 100 MW Solar Tender In Oman).
According to the PDO that will use all power generated by the plant for self-consumption, it will be the world's first utility-scale solar project to have an oil and gas company as the sole wholesale buyer of electricity. It will buy this power under independent power producer (IPP) structure for a period of 23 years.
PDO hasn't revealed the tariff at which it will buy this power. It will share more information about the project during an award ceremony scheduled for November 7, 2018.
"We look forward to working with the Marubeni Corporation and consortium partners to build our first IPP renewable energy project and as another building block in support of Oman's outstanding potential in renewable energy," said PDO Managing Director Raoul Restucci.
Marubeni is going alone for another 500 MW solar power tender in the country, launched by Oman Power and Water Procurement Company (OPWP) (see Oman Shortlists 12 Bidders in 500 MW Tender).
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