Doosan Enerbility secures $670 mil. gas power plant deal in Oman

Doosan Enerbility said Friday it signed a contract to build a combined-cycle gas turbine (CCGT) power plant in Misfah, Oman, with a consortium led by Qatar's Nebras Power, in a deal worth approximately 930 billion won ($670 million). For the project, Doosan Enerbility formed a consortium with SEPCO-3, a power plant construction specialist, to carry out engineering, procurement and construction — a turnkey contract method in which a single contractor handles the full process from design to completion. Doosan Enerbility will also directly manufacture and supply the plant's core equipment, including the steam turbine and generator. The Misfah power plant, to be built about 20 kilometers west of Muscat, Oman's capital, will have a generation capacity of 1,700 megawatts and is targeted for completion in April 2029. Once built, the plant is expected to help meet electricity demand and strengthen power supply stability in the region. The project owner is a consortium of global developers, including Qatar's Nebras Power, the United Arab Emirates' Emirates Utilities Development Company — a dev