Oman, Masdar to Ink Key Wind Power Project Deals

Press release

Published September 11th, 2017 - 12:20 GMT

The 50-MW wind energy project will be based in Fatkhait area at Wilayat of Shalem and Halaniyat Islands in the governorate of Dhofar.

Oman's Rural Areas Electricity Company (RAEC) is set to sign a number of agreements for a major wind power project being jointly built with the Abu Dhabi Future Energy Company (Masdar) in the Dhofar region of the sultanate, said a report.

It will include signing of the Power Purchase Agreement by RAEC with Oman Power and Water Procurement Company, and Electricity Connection Agreement with Oman Electricity Transmission Company, with the EPC (engineering, procurement and construction) contract been awarded by Masdar to the successful bidder, reported Oman Observer.

The 50-MW wind energy project will be based in Fatkhait area at Wilayat of Shalem and Halaniyat Islands in the governorate of Dhofar.

A first-of-its-kind in the Gulf region, the Dhofar wind project is expected to generate about 160 GWh per year, enough to meet the power needs of about 16,000 homes, said the report.

It is likely to start operations in the third quarter of 2019, it added.

Source: Trade Arabia

Background Information

Masdar

Masdar is a global leader in renewable energy and sustainable urban development. Over the last decade, we have pioneered commercially viable solutions in clean energy, sustainable real estate and clean technology in the UAE and around the world.

Headquartered in Abu Dhabi, we develop renewable energy projects, realise low-carbon urban development, while advancing clean-tech innovation. We also deliver world-class knowledge and industry platforms.

At Masdar, we are supporting the UAE’s transition towards a knowledge-based economy. We aim to be a model for the commercial adoption of clean technologies, and a showcase of the UAE’s wider commitment to sustainability.