Oman seeks financial consultant for power expansion

Muscat: Oman on Sunday floated two tenders seeking proposals from international consultants to provide financial, commercial and legal advisory services for competitive tendering to secure an economic expansion of power capacity to meet future demand in 2021 and beyond.
The consultant is expected to advice Oman Power and Water Procurement (OPWP) Company on capacity enhancement programmes within the main interconnected system (MIS) areas — governorates of Muscat, Buraymi, Al Batinah North, Al Batinah South, Al Dakhiliyah, Al Sharqiyah North, Al Sharqiyah South and Al Dhahirah — which serves over 736,000 electricity customers.
Last month, OPWP floated a similar tender seeking technical advisory service for capacity expansion to meet future power demand in 2021 and beyond. This procurement will be through using the current established process and contract structure.
Oman Power and Water Procurement Company, a member of Electricity Holding Company, is responsible for procuring new electricity generation capacity and water in the Sultanate.
Oman’s average annual growth in power demand for the next five years within the areas of main inter-connected system (MIS) is projected at 10 per cent to 5,023 megawatt in 2020, according to a seven-year outlook for power demand released by OPWP a couple of years ago.
However, peak demand growth, under the demand forecast, is expected at about 11 per cent per annum, from 4,455 megawatt in 2013 to 9,133 megawatt in 2020.
The consultancy tender documents for financial, commercial and legal advisory services will be available for purchase between March 13 and 24, while the last date of submission is April 21, 2016.