An ACWA Power-led consortium with Veolia and Dhofar International Development and Investment signed an agreement of developing, executing and operating Salalah Independent Water Project (IWP) in Oman.
The contract is worth OMR 60 million ($134 million) and is of production capacity of 120,000 cubic meters of daily sanitized water, on a 20-year water purchase agreement. The project completion date is set for 2020.
The signing ceremony was held in the presence of Mohammed Busaidi, the state minister and governor of Dhofar and a number of government officials and representatives from the consortium and electricity sector in the sultanate.
Thamer al-Sharhan, managing director at ACWA Power, expressed pride of continuing the record of successes, achievements and investments in the second country, Oman, through signing the agreement of establishing the first standalone water sanitation station in Dhofar.
Yaqoob Bin Saif Al Kiyumi, CEO of Oman Power and Water Procurement Company, said: “This project is considered as the first standalone water desalination project in the Governorate of Dhofar and would positively contribute to security of water supply.” He added that the project would cost more than OR 60 million.
Rajit Nanda, the chief investments officer at Acwa Power, said: “The Salalah IWP project will play a key role in meeting the increasing demand for water in the sultanate. This significant milestone will support Oman’s infrastructure in line with the country’s efforts to reduce reliance on groundwater resources and maximize the use of local resources.”
“Oman continues to be one of the leading investment destinations in the region, and we look forward to furthering our growing presence in the country,” he added.
Xavier Joseph, chief executive for Middle East Veolia, expressed delight for cooperating with ACWA Power and Dhofar International Development and Investment to work on Salalah Independent Water Project (IWP).