Oman Invites Investors for 500-MW Ibri III Solar Project
- Oman launches tender for 500-MW Ibri III Solar PV IPP, with a submission deadline of February 19. The project is estimated to cost OMR 155 million and is expected to be operational by Q4 2026.
Oman has launched a tender for the development of the 500-MW Ibri III Solar PV IPP, the next large-scale solar project in the country. Nama Power and Water Procurement (PWP) issued a request for qualification (RFQ) targeting investors interested in the project, with a submission deadline of February 19. The solar park will be located in Al Dhahirah Governorate and is expected to be operational by the last quarter of 2026. The project is estimated to cost OMR 155 million (USD 402.6m/EUR 367.7m) in investment. Oman has also made progress in the development of the 500-MW Manah I and Manah II solar projects.
Oman has initiated a tender process for the 500-MW Ibri III Solar PV IPP, the next major solar project in the country. The request for qualification (RFQ) has been issued by Nama Power and Water Procurement (PWP), with a deadline for submissions set for February 19. The solar park will be constructed in Al Dhahirah Governorate and is expected to commence operations in the last quarter of 2026. The project is estimated to require an investment of OMR 155 million (USD 402.6m/EUR 367.7m). Oman is also progressing with the development of the 500-MW Manah I and Manah II solar projects.
What is the status of Oman's 500-MW Ibri III Solar PV IPP tender process?
- The tender process for the 500-MW Ibri III Solar PV IPP in Oman has been initiated.
- Nama Power and Water Procurement (PWP) has issued a request for qualification (RFQ) for investors interested in the project.
- The deadline for submissions for the RFQ is set for February 19.
- The solar park will be located in Al Dhahirah Governorate in Oman.
- The project is expected to be operational by the last quarter of 2026.
- The estimated investment required for the project is OMR 155 million (USD 402.6m/EUR 367.7m).
- Oman is also progressing with the development of the 500-MW Manah I and Manah II solar projects.
