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X-WR-CALNAME:Sembcorp Salalah Power and Water Company
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X-WR-CALDESC:Events for Sembcorp Salalah Power and Water Company
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BEGIN:VEVENT
DTSTART;VALUE=DATE:20120528
DTEND;VALUE=DATE:20120529
DTSTAMP:20260403T154330
CREATED:20220618T080918Z
LAST-MODIFIED:20220618T080918Z
UID:6626-1338163200-1338249599@www.sembcorpsalalah.com.om
SUMMARY:Sembcorp Salalah Successfully Completes Acceptance Tests for its US$1 Billion Salalah Independent Water and Power Plant
DESCRIPTION:Sembcorp Salalah Power & Water Company (Sembcorp Salalah) has successfully completed the acceptance tests for its US$1 billion Salalah Independent Water and Power Plant (Salalah IWPP) in Oman. The facility will provide power and water under a 15-year power and water purchase agreement with the Oman Power and Water Procurement Company\, which is wholly-owned by the Government of Oman. \nThe Salalah IWPP consists of a gas-fired power facility with a total gross capacity of 490 megawatts and a seawater desalination facility with a total water production capacity of 15 million imperial gallons (69\,000 cubic metres) per day. As the largest and most energy-efficient power and water plant in Dhofar in southern Oman\, the Salalah IWPP is expected to play a major role in meeting the growing power and water demand of this region. The first phase of the project was completed in July 2011\, within a tight timeline of 19 months from the signing of the power and water purchase agreement. The second phase was subsequently completed in the first quarter of 2012. With the completion of this third and final phase\, the plant will commence full commercial operation. \nTang Kin Fei\, Chairman of Sembcorp Salalah\, said\, “The successful completion of the Salalah IWPP will be a significant milestone for Sembcorp Salalah. This facility will enable us to provide essential power and water to meet the growing demand in Dhofar. Together with the Omani government\, we will play our part in helping to address the region’s pressing power and water needs.” \nSembcorp Salalah is a joint venture between Sembcorp Industries’ wholly-owned subsidiary Sembcorp Utilities\, the Oman Investment Corporation and Bahrain-based Instrata Capital.
URL:https://www.sembcorpsalalah.com.om/ar/salalah_news/sembcorp-salalah-successfully-completes-acceptance-tests-for-its-us1-billion-salalah-independent-water-and-power-plant/
CATEGORIES:Announcements
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BEGIN:VEVENT
DTSTART;VALUE=DATE:20110716
DTEND;VALUE=DATE:20110717
DTSTAMP:20260403T154330
CREATED:20220618T081025Z
LAST-MODIFIED:20220618T081025Z
UID:6628-1310774400-1310860799@www.sembcorpsalalah.com.om
SUMMARY:First Phase of US$1 Billion Salalah Independent Water and Power Plant is Successfully Completed
DESCRIPTION:Sembcorp Salalah Power & Water Company (Sembcorp Salalah)\, a joint venture company between Sembcorp Industries’ fully-owned subsidiary Sembcorp Utilities and the Oman Investment Corporation\, has successfully completed the first phase of its US$1.0 billion Salalah Independent Water and Power Plant (IWPP) in Oman. With the completion of the first phase\, the facility began dispatching 61 megawatts of power\, on schedule\, to the Dhofar power grid in Southern Oman. \nTargeted to begin full commercial operations in the first half of 2012\, the Salalah IWPP will consist of a gas-fired power facility which will have a total net capacity of 445 megawatts and a seawater desalination facility which will employ reverse osmosis technology to produce 15 million imperial gallons (69\,000 cubic metres) per day of water. \nMr Tang Kin Fei\, Chairman of Sembcorp Salalah\, said\, “We have met the tight schedule of 19 months from the signing of the Power and Water Purchase Agreement to complete the first phase of the Salalah IWPP on time. This is especially vital as the completion is timely to meet the surge in power demand in Dhofar\, which coincides with the summer months every year. Besides playing a significant role in providing power during the demand peak\, the facility also enables Dhofar to obtain cheaper power during the summer period. We are confident to complete the entire project ahead of schedule.”
URL:https://www.sembcorpsalalah.com.om/ar/salalah_news/first-phase-of-us1-billion-salalah-independent-water-and-power-plant-is-successfully-completed/
CATEGORIES:Announcements
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BEGIN:VEVENT
DTSTART;VALUE=DATE:20091123
DTEND;VALUE=DATE:20091124
DTSTAMP:20260403T154330
CREATED:20220618T081131Z
LAST-MODIFIED:20220618T081131Z
UID:6630-1258934400-1259020799@www.sembcorpsalalah.com.om
SUMMARY:Sembcorp Salalah Signs Contract for US$1 Billion Salalah Independent Water and Power Project in Oman
DESCRIPTION:Sembcorp Salalah Power & Water Company (Sembcorp Salalah)\, a joint venture formed between Sembcorp Industries’ fully-owned subsidiary Sembcorp Utilities and the Oman Investment Corporation\, has executed a 15-year contract to supply power and water to the Oman Power and Water Procurement Company\, which is wholly-owned by the Government of Oman. \nThe company will be investing approximately US$1 billion to develop\, build\, own and operate the Salalah Independent Water and Power Plant (Salalah IWPP) in Oman. \nSembcorp Salalah is 60% owned by Sembcorp Utilities and 40% owned by the Oman Investment Corporation\, whose shareholders are the Gulf Investment Corporation\, the National Investment Funds Company\, State General Reserve Fund of the Sultanate of Oman and BankMuscat. \nTargeted to begin full commercial operations in the first half of 2012\, the Salalah IWPP will consist of a gas-fired power plant which will have a net capacity of 445 megawatts and a seawater desalination plant which will employ reverse osmosis technology to produce 15 million imperial gallons (69\,000 cubic metres) per day of water. Set to be the largest and most energy-efficient power and water plant in the Governorate of Dhofar in Southern Oman\, the entire electricity and water output from the facility will be sold under the 15-year power and water purchase agreement. \nThe new facility will increase the power capacity in the Dhofar region from 256 megawatts to 746 megawatts. Given the power and water demand growth in the region\, the plant is expected to continue providing power and water beyond this initial term of 15 years. In addition\, the facility will be operated and maintained by a joint venture company\, Sembcorp Salalah O&M Company\, which is 70% owned by Sembcorp Utilities\, under a long-term operation and maintenance (O&M) contract for the entire term of the power and water purchase agreement. The remaining 30% of the O&M company is owned by the Oman Investment Corporation. SEPCO III Electric Power Construction Corporation of China is the engineering\, procurement and construction contractor under a fixed-price\, date-certain turnkey contract and Hydrochem (S)\, a wholly-owned subsidiary of Hyflux\, is the sub-contractor for the seawater desalination plant. \nFinancial information \nThe project cost of approximately US$1 billion will be 75% funded through 17-year non-recourse project finance loans\, and 25% by shareholder loans. The non-recourse project finance loans will be provided by Standard Chartered Bank (also the Financial Advisor)\, Bank of China\, China Development Bank\, BankMuscat\, KfW-IPEX Bank and Sumitomo Mitsui Banking Corporation as Mandated Lead Arrangers\, and National Bank of Oman and Bank Sohar as Arrangers. The loans will be in US dollars\, except for those from BankMuscat\, National Bank of Oman and Bank Sohar\, which will be in Omani Rials.
URL:https://www.sembcorpsalalah.com.om/ar/salalah_news/sembcorp-salalah-signs-contract-for-us1-billion-salalah-independent-water-and-power-project-in-oman/
CATEGORIES:Announcements
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