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Oman: Ibri II 500MW Solar PV Independent Power Plant Project

Sector: Water Supply and Storage • Location: Oman

Source: Asian Infrastructure Investment Bank (AIIB)

Project
Approved

The Ibri II Solar PV Independent Power Plant Project (the Project) is a 500 mega-watt greenfield solar photovoltaics power plant in Ibri, Oman which is being developed by Shams Ad-Dhahira Generating Company SAOC (the Borrower), a special purpose vehicle incorporated under the laws of Oman. Oman Power and Water Procurement Co (OPWP) awarded the Project to the consortium led by International Company

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Project Information

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The project “Oman: Ibri II 500MW Solar PV Independent Power Plant Project” is an infrastructure initiative in the Water Supply and Storage sector, located in Oman. Taiyo aggregates data on it from Asian Infrastructure Investment Bank (AIIB).

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Participants

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approved

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Description

Description

The Ibri II Solar PV Independent Power Plant Project (the Project) is a 500 mega-watt greenfield solar photovoltaics power plant in Ibri, Oman which is being developed by Shams Ad-Dhahira Generating Company SAOC (the Borrower), a special purpose vehicle incorporated under the laws of Oman. Oman Power and Water Procurement Co (OPWP) awarded the Project to the consortium led by International Company for Water and Power Projects (ACWA Power) following a detailed financial, technical and legal evaluation of bid proposals received through international competitive tender. The Project is implemented under Build, Own and Operate model under a bilateral arrangement of offtake by OPWP for 15 years from the Scheduled Commercial Operation Date on June 1, 2021. The Power Purchase Agreement was signed between OPWP and the Borrower on April 30, 2019.

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Source

Source reliability

High

Data quality score

100%

Source

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