Related Articles
Forward article link
Share PDF with colleagues

Second IPP deal closure

The sultanate last month announced the successful closure of the Al Kamil power project with Al Kamil Power Company, a unit of the UK?s National Power. This is the second independent power project (IPP) in the sultanate and is the first deal to close as part of the government?s current electricity and water privatisation programme. The project was tendered earlier this year and is for the design, construction, financing, ownership and operation of a new 275-MW, open-cycle, gas-fired power plant at Wilyat, in the Ash-Sharqiya region. National Power made the lowest bid for the project on the basis of a 230-250 MW capacity. During negotiations, the government and National Power agreed to contra

Also in this section
The EU's climate-change gambit
1 December 2009
The EU has proposed that rich countries put money towards a fund that will give developing countries €50bn a year by 2020 to help fight climate change. But is it enough?
Investors look for Copenhagen climate agreement to set realistic targets
1 December 2009
The private sector will shoulder much of the responsibility for implementing measures agreed at the UN climate change meeting in Copenhagen. NJ Watson reports
Canada: Oil sands down but not out
1 December 2009