VOL. XLIII

No. 30

24-July-2000

OMAN

UKs National Power Wins 250MW Sharqiya Private Power Project

International Power, the overseas arm of the UKs National Power, announced on 17 July that it had been awarded a project to build, own and operate (BOO) a 250mw gas-fired power project at al-Kamil in the Sharqiya region south of Muscat. International Power will invest 20mn ($29.9mn) of equity for a 100% stake in al-Kamil Power Company, which will own the power station. The remainder of the project...