Our Company
More Power to Energise
Your Growth Your Life Your Future
CORPORATE GOVERNANCE
Al Suwadi Power benefits from a framework of sound corporate governance that is built over many levels
INVESTORS
To know the latest share price, you will now be redirected to Muscat Securities Market
MEDIA
2 June 2014 Al Suwadi Power IPOs receive strong recommendations from regional analysts.
Strengths
The Project represents one of the independent and government owned power and water production projects on the Main Interconnected System (MIS). It benefits from a well-established contractual framework.
Stakeholders
OPWP is the single buyer of power and water for all IPP/IWPP projects within Oman. OPWP is responsible for ensuring that there is sufficient electricity and water production capacity available at the lowest cost to meet growing demands in Oman. OPWP undertakes long-term generation planning and publishes an annual seven-year statement, which identifies new IPP/IWPP projects to be competitively tendered and developed by private sector entities, in order to meet the future power generation and water desalination requirements of Oman. These projects are critical to the reliable and sustainable development of the power sector and the economic development of Oman.
Technology & Processes
The Plant (Barka-3 IPP) is located approximately 80km northwest of Muscat Oman and is in the vicinity of the existing Barka-1 and Barka -2 IWPPs. The facility entered into full commercial operation on 3 April 2013.
