Economy

Omani power firm OPWP plans $1.25bn renewable energy and water projects 

Follow-ups -eshrag News:

Sun, 2022-06-12 15:50

RIYADH: Oman Power and Water Procurement Co. plans to attract investments of over $1.25 billion for several projects in the renewable energy and water sector, Oman News Agency reported citing the CEO.

Yaqoub bin Saif Al-Kiyumi added that the firm plans to develop two solar power plants in Al Dakhiliyah Governorate, with a total capacity of 1,000 megawatts.

These projects are expected to be awarded before the end of 2022, with private investment estimated at $600 million.

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