Oman’s Raeco to build 78MW power plant

Oman’s Rural Areas Electricity Company (Raeco) is planning to build a gas-fired independent power project (IPP) with a generation capacity of 78 MW in the Musandam governorate of the sultanate, a report said.

A private developer, who wins the contract through a competitive tender, will build the project for selling electricity to Raeco, reported Times of Oman.

“The current plan is to bring these units online once total demand (in Musandam) increases beyond 100 megawatt, which, as per Raeco’s demand forecast, is expected to be in 2019,” state the report, citing the Oman Power and Water Procurement Company (OPWP).

The peak annual growth in demand for electricity in the Musandam governorate in a low case scenario for another seven years is estimated at 7 per cent, up from 74 MW in 2016 to 116 MW in 2023, the company said in its seven-year outlook.

Source: tradearabia.com