Dhofar Power Consortium (DPC), which was selected as the successful bidder for the RO86.5 million ($224.73 million) Salalah power system in Oman, is in negotiations with government officials in a bid to conclude a final concession agreement by April.
Several leading international consultancy firms are involved in the negotiations which will pave the way for the establishment of the first Independent Power Project (IPP) in the region based on vertical integration. Power generation, transmission, distribution, billing and collection will be managed by the private sector in this 200 MW IPP, according to David E Yalda, director of the consortium development.
Dhofar Power Company will be established to finance, execute and operate the power scheme on a build-own-operate basis for 30 years. Gas for the power project will be delivered through a 700-km pipeline.