Sembcorp's 588MWp solar power plant in Oman begins commercial operation

05/05/2025 03:02 AST

Following its earlier announcements on March 13, 2023 and December 30, 2024, Sembcorp Utilities Pte Ltd, a wholly-owned subsidiary of Sembcorp Industries (Sembcorp), announces the start of commercial operations of the 588MWp Manah II Solar Independent Power Project (Manah II) in Manah, Sultanate of Oman.

This milestone follows the successful completion of acceptance tests announced earlier. It marks the commencement of power supply under a 20-year power purchase agreement for 500MW with Nama Power and Water Procurement Company.

Manah II is Sembcorp's first greenfield renewables development in the Middle East and its largest utility-scale solar farm project to date. It supports Oman Vision 2040 by contributing clean energy to the national grid and advancing the country's goal of achieving 30% renewable energy in its electricity mix by 2030.


Times of Oman

News

Sembcorp unit seals 10-year Omani utility purchase deal

06/10/2025

Sembcorp Industries (Sembcorp) has announced that its key subsidiary, Sembcorp Salalah Power & Water Company (SSPWC), has secured a new 10-year power and water purchase agreement (PWPA) from Nama Pow

Trade Arabia

Most Viewed Companies

Ticker Price Volume

Valuation

SSPW Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
OQEP 0.47 0.00 (0.00%)
OTEL 1.54 -0.01 (-0.65%)
OQGN 0.27 -0.01 (-3.58%)
ABRJ 0.47 0.00 (0.00%)
PHPC 0.22 0.00 (0.00%)

Recent News

Gulf Bank issues its 2025 Sustainability Report

10/04/2026

Gulf Bank has issued its sixth annual Sustainability Report for the year 2025, titled "Converting to a Sustainable Path," highlighting the Bank's ESG progress and performance. The report reflects the

Kuwait Times

Saudia to Partially Resume Flights To, From Dubai, Abu Dhabi, and Amman on Saturday

10/04/2026

Saudia announced on Thursday the partial resumption of its operations to and from Dubai, Abu Dhabi, and Amman starting Saturday, April 11.

In a post on its official account on the social med

Asharq Al Awsat

Zain Bahrain names Ammar Al Ketbi as new CEO

09/04/2026

Zain Bahrain, a leading provider of telecom services, innovative technologies and digital lifestyle experience in the kingdom, has appointed Ammar Al Ketbi as its new Chief Executive Officer.

Trade Arabia

Al Mal Capital appoints Sanjay Vig as Chief Executive Officer

09/04/2026

Al Mal Capital , a UAE based investment management and financial advisory firm, licensed by the Capital Markets Authority (CMA) has appointed Sanjay Vig as the Chief Executive Officer.

Vig

Trade Arabia

Abu Dhabi Maritime Academy inks deal with Congolese mining firm

09/04/2026

Abu Dhabi Maritime Academy (ADMA), the region's leading academic institution for maritime training, and an integral part of AD Ports Group, has signed a research, development, and operational deploym

Trade Arabia

logo

Financial Information Co.

Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2025, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap