Four new plants to raise power, water generation.
He was speaking at a session on Investing in Infrastructure, at the forum.
The four new projects will be in Salalah, Al Ghubrah, Duqm and either Barka or Sohar.
While the Salalah project (IWPP) will generate around 370 to 430MW of power and over 15 million gallons of water per day, the New Greenfield project (I (W) PP) is expected to generate as much as 750 to 1,000MW of power and will be completed by 2011-2012. The redevelopment of the Al Ghubrah project will generate additional power of up to 500MW and will see completion by 2011-2012. The project at Duqm (IWPP) will generate up to 1,000MW of power. The water capacity of the plant is yet to be determined. The Duqm project will be complete by 2014-2015.
Acents[euro]A"The electricity and water sector in Oman has great investment potential since it is open to foreign investments and committed to market liberalisation.
Acents[euro]A"The sector witnessed a growth of 6-8 per cent in the last three years," Mahrouqi said.
The new regulatory framework for the regulation and privatisation of the electricity and related water sector was put in place by Royal Decree 78/2004, to encourage increased private participation and competition in the sector, privatise the generation, transmission and distribution of electricity and separate these activities, encourage a high level of transparency in the various stages of the business and appoint an independent authority for electricity regulation in Oman.
As part of its privatisation plan, the Manah-Phase I project, a Gas OCGT type, with an output of 90MW was awarded in 1994, with Tractbel as the lead developers. This was followed by the Manah-Phase II Gas OCGT type project with an output of 190MW in 1999, again with Tractbel as lead developers.
The latest initiative in this direction has been the Rusayl Project, again a Gas OCGT type, with an output of 684MW with Tractbel, in 2007. Acents[euro]A"The government's main focus since the setting up of the new regulatory framework, has been to install more power plants and attract investments," Mahroqui said.
[c] Muscat Press and Publishing House SAOC 2008
Provided by Syndigate.info an Albawaba.com company
|Printer friendly Cite/link Email Feedback|
|Publication:||Times of Oman (Muscat, Oman)|
|Date:||Apr 30, 2008|
|Previous Article:||Sohar-Barka railway line to move goods.|
|Next Article:||Alawi to attend Doha Forum for Democracy.|