Financial close of USD137.76 million desalination PPP project in Oman
GS Inima has announced the financial close for the Barka V desalination plant located in Barka, in the Al Batinah region of northern Oman for a value of EUR135 million (US$137.76 million). The Independent Water project has a capacity of 100,000 m3/day and will supply drinking water to a population of 800,000 people.
The project is a component of the 20-year water delivery agreement that Oman Power and Water Procurement Company and GS Inima inked on December 24, 2020. The private firm was awarded the Concession, EPC, and O&M of the reverse osmosis plant. The completion of the construction and commissioning of the project is scheduled for June 6, 2024 developed under a Build, Own, Operate (BOO) contract basis.
The long-term financing of the project has been provided by from Korea Export-Import Bank (Kexim), Bank Muscat, Standard Chartered Bank and KEB Hana Bank London.
Country news
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December 11, 2020
Preferred bidder selected for multibillion desalination projects in Oman
Oman Power & Water Procurement Company has selected GS Inima Environment a subsidiary of GS Engineering & Construction as the preferred bidder for desalination projects worth OMR 2.3 trillion (US$2.1 billion) in Oman. The concession awarded for the projects is the third phase desalination project at Al Ghubra desalination plant and the fifth phase project plan in Barka.
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July 16, 2018
Oman to implement US$15.6 billion wastewater projects through PPPs
Haya Water, part of Oman Wastewater Services Company (OWSC), has announced a programme to develop sanitary drainage projects worth OMR6 billion (US$15.55 billion) through public-private partnerships (PPPs).
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February 08, 2018
Oman launches RFQ for desalination plant IWP
Oman Power and Water Procurement Company SAOC (OPWP) is planning the addition of a new water desalination capacity of approximately 300,000 m3 per day, which will be located at Al Ghubrah, a suburb of the capital city Muscat, in the north of Oman.
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February 06, 2018
Consultant sought for sewage treatment PPPs in Oman
Haya Water, a state-owned company that operates wastewater networks and sewage treatment plants (STPs) in Oman, is in the process of selecting a consultant to advise the company on developing STPs through public-private partnerships.
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January 29, 2018
Acwa, Veolia and DIDIC awarded Salalah IWP in Oman
The Oman Power and Water Procurement Company SAOC (OPWP) has awarded the Salalah Independent Water Project to a consortium containing Acwa Power, Veolia and DIDIC. The plant will be located in Salalah, Dhofar region, in the south of Oman. Once fully operational, it will generate 25 million gallons of desalinated water per day using reverse osmosis technology.
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