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English news

20-Jul-2016

Contracts of two power projects to be extended till 2021

The Oman Power and Water Procurement Company (OPWP) has reached a standstill agreement with the owners of Al Kamil Power for extending their contract from 2017 to December 2021, subject to regulatory approval. The total contracted capacity of the plant is 280 MW, which is expected to be available for further contract extension after 2021. Likewise, the OPWP and the owners of Barka 1 are considering extension of a power and water purchase agreement to December 2021. (Times of Oman)

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