The GDF SUEZ Group ranks among the world's leading energy companies. Present in some 70 countries, GDF SUEZ develops its three core businesses (electricity, natural gas, and energy & environmental services) around a model based on responsible growth to provide essential services to its customers every day. The Group employs around 150,000 people worldwide and achieved revenues of €81.3 billion in 2013. In the Gulf Cooperation Council (GCC) countries, GDF SUEZ has a direct equity interest in 27,000 MW of power capacity and almost 5.3 million m³/day of desalination capacity in operation and under construction. It is the GCC's leading independent power operator and desalinated water producer, with almost 20 years of experience. In Oman, GDF SUEZ has direct and indirect ownership interest in 6 of the 11 contracted projects by the Oman Power & Water Procurement Co. in the Main Interconnected System.
SUHAIL BAHWAN GROUP
From a small trading enterprise at Muttrah in 1965, the Suhail Bahwan Group has grown to become a multibillion-dollar corporate enterprise with over 40 companies in the Sultanate of Oman and across the Gulf Region, North Africa and South Asia, guided by the vision and the wisdom of His Majesty Sultan Qaboos Bin Said. As one of the largest and most professionally managed business organizations in the Middle East, the Group's diversified businesses touch almost every aspect of people's lives - from automobiles, electronics, energy, computers, travel, lifestyle and healthcare to agriculture, construction, engineering, information technology, manufacturing, oil and gas services and telecommunications – thus helping customers realize their dreams and aspirations to lead a quality life. With an inspired workforce of over 15,000 employees, the Suhail Bahwan Group believes that understanding and anticipating customer needs is crucial to its continued success, and strives to provide customers with world-class products and services at the best value for money. As a responsible corporate citizen and a pioneering Omani enterprise, the Suhail Bahwan Group is deeply committed to nation building and corporate social responsibility.
Multitech LLC is part of the Suhail Bahwan Group, a leading business house in the Sultanate of Oman.
Multitech is the investment arm of the Suhail Bahwan Group for participation in power and water privatisation projects in Sultanate of Oman. Multitech is the founding shareholder in:
1. ACWA Barka SAOG (Barka 1 IWPP) – 456 MW power and 30 MIGD (excluding the ongoing 12.5 MIGD expansion) desalination plant.
2. Al Suwadi Power Co. SAOG (Barka 3 IPP) – 745 MW power plant.
3. Al Batinah Power Co. SAOG (Sohar 2 IPP) – 745 MW power plant.
4. Phoenix Power Co. SAOG (Sur IPP) – 2000 MW power plant.
Multitech also engages in the trading of welding products, electrical products, water treatment & oilfield chemicals and cranes.
Multitech is under the day to day management of Bahwan Engineering Company LLC, the flagship of Suhail Bahwan Group.
Sojitz is a general trading company created through the merger of Nichimen Corporation and Nissho Iwai Corporation, both of which have over a century of trading history. Sojitz conducts its operations in around 50 countries through roughly 500 consolidated subsidiaries and affiliated companies in Japan and overseas. Sojitz' business activities are wide-ranging, covering machinery, energy and metal, chemicals, and consumer lifestyle-related business. The IPP business is one of the focused business fields explicitly mentioned in Sojitz's 'Mid-Term Management Plan 2014'. Sojitz has been involved in IPP projects in several countries and is now strengthening its IPP business especially in the Middle East and Southeast Asia.
SHIKOKU ELECTRIC POWER CO., INC. (YONDEN)
Shikoku Electric Power Co., Inc. (YONDEN) is an electric power utility that carries out the integrated process of generating, transmitting, distributing, and selling electricity to 4 million people in the Shikoku region, Japan. YONDEN employs more than 4,700 people and has achieved consolidated operating revenues of USD 5.5 billion from the electricity sales of 28 billion kWh in the fiscal year ended March 31, 2015. Since its establishment in 1951, YONDEN has contributed to regional development through the stable supply of low-cost, high-quality electricity by establishing a balanced energy mix that combines nuclear, coal, oil, gas, hydro and solar power, totaling approximately 7,000MW (net and gross) in generating capacity at 64 power stations.
PUBLIC AUTHORITY FOR SOCIAL INSURANCE (PASI)
The Public Authority for Social Insurance (PASI) is a Government Entity established by Royal Decree 72/91. PASI manages a defined benefit Pension scheme for Omani nationals employed in the private sector. PASI has been a pioneer in participating in Power and Utility Companies in Oman. Power plants and infrastructure projects are viewed by PASI as steady and secure investments and a national responsibility.