Consortium completes finance on Oman 500MW solar plant ...United Arab Emirates

A consortium led by French utility specialist EDF Renewables and Korea Western Power Corporation (Kowepo), has announced that it has reached financial close on Manah 1 – a 500MW solar power plant located in Oman. Following the bid submission in September 2022, the consortium was awarded and signed a 20-year Power Purchase Agreement (PPA) with Oman Power and Water Procurement Company (PWP) in March last year. As per the PPA, the consortium will be responsible for the design, finance, construction and operation of the plant located in the Al Dakhiliyah Governorate, 175km south of Muscat. The plant will begin commercial operation during the first quarter of 2025. Once commissioned, the Manah 1

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Last updated : 11 January 2024 clock 09:16 AM

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Consortium completes finance on Oman 500MW solar plant ...United Arab Emirates

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