Oman sets out electricity sector reforms

By Verity Ratcliffe 7 March 2017
  • Twitter logo
  • LinkedIn logo
  • facebook logo
  • Email logo
The Sur independent power plant in Oman. Some IPP contracts are due to expire soon. (Phoenix Power Oman) The Sur independent power plant in Oman. Some IPP contracts are due to expire soon. (Phoenix Power Oman)

Oman is pressing on with reforms to its electricity sector – which will involve changing its tender model and launching a spot market – to allow power plants that were constructed many years ago to compete for contracts alongside new facilities.

Under the current system, Oman Power and Water Procurement Co. (OPWP) purchases electricity from generators through long-term power-purchase agreements (PPAs) that have just started to expire. When the company needs new generating capacity it invites developers to submit bids to build new plants and supply power for a fixed price.

Log in or register for a free trial to continue reading this article

Already a subscriber?

If you already have a subscription, sign in to continue reading this article.

Sign in

Not a subscriber?

To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.

Sign up