Nama Power and Water Procurement company signed an agreement with a consortium of companies, including Sembcorp and OQ Alternative Energy to develop Dhofar Wind Power Farm project (Phase II) in Oman.
The scope of
development includes design, construction, ownership, operation and maintenance
of the wind farm, reported ONA.
The signing ceremony
was held under the auspices of Salim Al Aufi, Minister of Energy and Minerals,
in the presence of Ahmed Al Abri, Chief Executive Officer at Nama Power and
Water Procurement company, Vipul Tuli, Managing Director and CEO of Sembcorp
Renewable Energy West, and Ghalib Al Maamari, Acting CEO of OQ Alternative
Energy company.
Al Aufi said that
Dhofar Wind Power Farm project (Phase Two) constitutes a step forward in Oman’s march towards renewable energy.
“The project embodies
our firm commitment to achieve the goals of Oman Vision 2040 and move
confidently towards the realisation of zero neutrality by 2050”, he added.
The minister pointed
out that the volume of the investments in this project, which amounts to about
RO 43 million ($111 million), reflects the confidence of partners and investors
in the national investment climate and affirms the growing status of the
renewable energy sector in Oman.
He explained that the
project will contribute to reducing carbon dioxide emissions by approximately
158,000 tonnes annually, in addition to supplying more than 18,000 homes with
clean electricity.
“The project embodies
the ambitious vision of Oman to establish a modern and
balanced energy system that combines efficiency and sustainability, said Al
Aufi.
“The project is based on our natural resources
and national capabilities. We believe that investing in renewable energy is not
just an option, but a fundamental pillar for a more prosperous and stable
future,” the minister added.
The agreement
underscores Oman’s commitment to step up the transition
towards a low-carbon economy and consolidate the country’s status as a regional
centre for clean energy that is capable of attracting quality investments and
supporting sustainable development, the minister added.
Ahmed Salim Al Abri
said that Dhofar Wind Power Project (Phase Two)—with its annual production
capacity of approximately 396,754 megawatt-hours—represents an important step
in the transition towards clean energy in the Sultanate of Oman.
He explained that the
project, which will contribute to freeing up about 76 million cubic metres of
natural gas annually, reflects Nama company’s commitment to purchase energy and
water in support of Oman’s drive towards the diversification
of sources of energy and the sustainability of the electricity sector.
For his part, Vipul
Tuli said that the new project reinforces his firm’s role as a trusted partner
in driving the process of energy transition in the region.
For his part, Abdullah
Al Sawafi, Chief Energy Transition Officer of Nama Power and Water Procurement
(PWP), said that the company continues to consolidate its position as a key
driver in the national energy system by adopting an advanced public-private
partnership model.
This approach, he added, seeks to meet the growing demand for electricity in Oman and enhance the security and sustainability of supplies.
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