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Mon 25 Jan 2010 10:01 AM

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Oman eyes $6bn power spend by 2016

Minister says preparatory work underway on new 440MW plant, set to open in 2012.

Oman plans to spend more than $6bn by 2016 to boost its electricity generating capacity, including building a new plant and expanding two others, a government official has revealed.

In remarks carried by state news agency ONA, Mohammed bin Abdullah al-Mahrouki, the head of Oman's General Authority for Electricity and Water, said that industrial and economic growth in the oil-rich state had almost doubled electricity demand over the past decade to 3,808-megawatts.

Speaking on the sidelines of an energy summit, Al Mahrouki said preparatory work has begun on a 440-megawatt plant, scheduled to open in 2012, and the expansion of two other plants.

Demand is projected to climb to 4,600-megawatts by 2016, he added.

Another $1bn is earmarked for electrical grid expansion.

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