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Oman Signs $2.6 Billion Contracts with Nebras Energy and Korea Western Power

Nama Power and Water Procurement has concluded agreements with Qatari and South Korean consortiums to develop two gas-fired combined-cycle power plants. These projects total 2,577 MW of installed capacity.

Oman Signs $2.6 Billion Contracts with Nebras Energy and Korea Western Power

CountriesCorée du Sud, Oman, Qatar
SectorGaz
ThemeInvestissements & Transactions

Omani state-owned company Nama Power and Water Procurement has signed power purchase agreements worth a total of $2.6 billion with two international consortiums. The first is led by Nebras Energy, a Qatari company, and the second by Korea Western Power, a South Korean player. These contracts cover the development of gas-fired combined-cycle power plants located in Misfah and Duqm.

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