Doosan Enerbility announced that it has secured a contract for the construction of the Misfah gas power plant in Oman. The total contract amount is approximately 930 billion won.
In this project, Doosan Enerbility has formed a consortium with SEPCO-3, a specialized power plant construction company, to undertake the engineering, procurement, and construction (EPC) services. The company will also directly supply key equipment, including steam turbines and generators.
The Misfah gas power plant is expected to have a capacity of 1,700 MW and is targeted for completion in April 2029. Once operational, the plant is anticipated to contribute to meeting the growing electricity demand and stabilizing energy supply in Oman.
Oman is projected to see an increase in electricity demand in the medium to long term due to the development of industrial complexes and the expansion of new industries such as hydrogen. Market research firm Mordor Intelligence forecasts that Oman's power generation capacity will grow from 14.33 GW this year to 21.61 GW by 2031.
The project is commissioned by a consortium of global developers, including Qatar's Nebras Power, UAE's EUDC, and Oman’s Bahwan Infrastructure Services (BIS).
Lee Hyun-ho, head of Doosan Enerbility's Plant EPC BG, stated, "Our successful project execution capabilities and differentiated strategies demonstrated in neighboring Middle Eastern countries like Saudi Arabia and Qatar have led to this contract win. We will work with our partners to build a top-tier power plant that contributes to stabilizing electricity in Oman."
Meanwhile, Doosan Enerbility has been expanding its business in the global gas power market, recently securing contracts for projects in Qatar, Saudi Arabia, and Vietnam, in addition to the Misfah project in Oman.
* This article has been translated by AI.
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