ACWA Power has been awarded the 3,219MW Ibri Sohar-3 power generation project. The consortium, which is led by Mitsui & Co Ltd, and also includes Dhofar International Development and Investment Holding Co, will develop two natural gas-fired combined cycle power plants of 1,509MW and 1,710MW each. Once commercially operational in early 2019, the plants will supply approximately 30% of electricity demand in Oman.

Mitsui is the lead investor and the managing member of the project, owning 50.1% of the project, with ACWA Power having a further 44.9% and DIDIC having 5%. Both plants will be owned and operated under a 15-year power purchase agreement with OPWP and will be connected to the main grid.