Salalah 2 IPP-Greenfield Project

OVERVIEW

The Salalah 2 IPP is a greenfield development with high efficiency gas fired power generation plant that can deliver 445 MW of power, and will be located in Raysut, Oman.

 

This transaction also includes acquisition of Dhofar Generating Company (DGC), which currently owns and operates an existing 273 MW natural gas fired power plant.

 

Together these two new facilities will represent a significant boost to the Dhofar power grid.

KEY FACTS

  • SALALAH 2 IPP
    Existing
  • LOCATION
    Raysut, Oman
  • OFFTAKER
    OPWP
  • OFFTAKE CONTRACT
    PPA-BOO-15 years
  • POWER
    273 MW, Natural Gas - Open Cycle
  • FUEL
    Natural Gas
  • PROJECT COST
    USD 168 Mn
  • ACWA POWER SHARE
    27%
  • OTHER INVESTORS
    Mitsui (27%), DIDIC (6%)
  • O&M
    Dhofar O&M CO (Subcontracted to NOMAC)
  • COMMERCIAL OPERATIONAL DATE
    Q1 2018
  • EPC
    SEPCO III
  • PROJECT COMPANY
    Dhofar Generating Company ("Salalah 2")