{"id":10543,"date":"2026-04-07T15:57:00","date_gmt":"2026-04-07T11:57:00","guid":{"rendered":"https:\/\/omanet.om\/en\/news\/economy\/omani-firms-15yr-power-deals\/"},"modified":"2026-04-08T04:06:28","modified_gmt":"2026-04-08T00:06:28","slug":"omani-firms-15yr-power-deals","status":"publish","type":"post","link":"https:\/\/omanet.om\/fa\/news\/economy\/omani-firms-15yr-power-deals\/","title":{"rendered":"Three Omani Firms Secure 15-Year Power Agreements: What This Means for Long-Term Business Stability and Growth in Oman"},"content":{"rendered":"<style>\r\n@keyframes hitv3sog-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-slideup{from{opacity:0;transform:translateY(20px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-pulse{0%,100%{box-shadow:0 0 14px #dc262688}50%{box-shadow:0 0 32px #dc2626,0 0 60px #dc262655}}\r\n@keyframes 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.15s}\r\n.hitv3sogbtn:hover{filter:brightness(1.15);transform:scale(1.04)}\r\n.hitv3sogbr{font-size:9px;color:rgba(255,255,255,.18);text-align:center;margin-top:5px;letter-spacing:.1em;text-transform:uppercase}\r\n\/* \u2500\u2500 Compact horizontal: 380\u2013599px (like 320\u00d7100) \u2500\u2500 *\/\r\n@container (min-width:380px) and (max-width:599px){\r\n  .hitv3soga{padding:12px 22px;gap:12px;min-height:100px}\r\n  .hitv3sogh{font-size:16px}\r\n  .hitv3sogs{display:none}\r\n  .hitv3sogbtn{padding:7px 16px;font-size:11px}\r\n}\r\n\/* \u2500\u2500 Mobile\/card: < 380px (like 300\u00d7250) \u2500\u2500 *\/\r\n@container (max-width:379px){\r\n  .hitv3soga{flex-direction:column;align-items:center;justify-content:space-between;min-height:260px;padding:22px 22px;gap:10px}\r\n  .hitv3sogc{align-items:center;text-align:center}\r\n  .hitv3sogh{font-size:22px;white-space:normal}\r\n  .hitv3sogs{font-size:11px;white-space:normal}\r\n  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solid rgba(255,255,255,0.18);backdrop-filter:blur(8px);-webkit-backdrop-filter:blur(8px);border-radius:20px;padding:3px 10px 3px 7px;margin-bottom:clamp(5px,0.6vw,9px);animation:hitv3sog-badge 0.5s ease both;\"><span style=\"display:inline-block;width:6px;height:6px;border-radius:50%;background:#dc2626;flex-shrink:0;\"><\/span><span style=\"font-size:clamp(8px,0.9vw,10px);font-weight:700;letter-spacing:0.07em;color:rgba(255,255,255,0.88);text-transform:uppercase;white-space:nowrap;\">\u067e\u06cc\u0634\u0646\u0647\u0627\u062f \u0648\u06cc\u0698\u0647 \u0639\u0645\u0627\u0646<\/span><\/div>\r\n    <div class=\"hitv3sogh\" style=\"animation:hitv3sog-slideup 0.7s ease both;animation-delay:0.15s;\">\u0648\u0628\u200c\u0633\u0627\u06cc\u062a\u200c\u0647\u0627\u06cc\u06cc \u0628\u0631\u0627\u06cc <span style=\"color:#dc2626;\">\u06a9\u0633\u0628 \u0648 \u06a9\u0627\u0631\u0647\u0627\u06cc \u0639\u0645\u0627\u0646\u06cc.<\/span><\/div>\r\n    <div class=\"hitv3sogs\" style=\"animation:hitv3sog-slideup 0.7s ease both;animation-delay:0.3s;\">\u0628\u0631\u0646\u062f \u062e\u0648\u062f \u0631\u0627 \u0628\u0627 \u0631\u0627\u0647\u06a9\u0627\u0631\u0647\u0627\u06cc \u062f\u06cc\u062c\u06cc\u062a\u0627\u0644 \u0633\u0641\u0627\u0631\u0634\u06cc \u06a9\u0647 \u0628\u0631\u0627\u06cc \u062a\u0628\u062f\u06cc\u0644 \u0628\u0627\u0644\u0627 \u0648 \u062a\u0633\u0644\u0637 \u0628\u0631 \u0628\u0627\u0632\u0627\u0631 \u0637\u0631\u0627\u062d\u06cc \u0634\u062f\u0647\u200c\u0627\u0646\u062f\u060c \u062a\u0648\u0627\u0646\u0645\u0646\u062f \u06a9\u0646\u06cc\u062f.<\/div>\r\n    <div class=\"hitv3sogbl\"><div class=\"hitv3sogbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>\u0637\u0631\u062d\u200c\u0647\u0627\u06cc \u0648\u0627\u06a9\u0646\u0634\u200c\u06af\u0631\u0627 \u0628\u0631\u0627\u06cc \u0631\u0634\u062f \u0633\u0627\u062e\u062a\u0647 \u0634\u062f\u0647\u200c\u0627\u0646\u062f<\/span><\/div><div class=\"hitv3sogbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>\u0628\u0627\u0631\u06af\u0630\u0627\u0631\u06cc \u0633\u0631\u06cc\u0639 \u0628\u0627 \u0627\u062a\u0648\u0645\u0627\u0633\u06cc\u0648\u0646 \u0647\u0648\u0634\u0645\u0646\u062f<\/span><\/div><\/div>\r\n  <\/div>\r\n  \r\n  <div class=\"hitv3sogct\">\r\n    <button class=\"hitv3sogbtn\" style=\"animation:hitv3sog-pulse 2.5s ease-in-out infinite;animation-delay:1s;\">\u0648\u0628\u200c\u0633\u0627\u06cc\u062a \u0631\u0627\u06cc\u06af\u0627\u0646 \u062e\u0648\u062f \u0631\u0627 \u0628\u0633\u0627\u0632\u06cc\u062f <span style=\"opacity:.9;\">\u2192<\/span><\/button>\r\n    <div class=\"hitv3sogbr\">\u0633\u0631\u0632\u0645\u06cc\u0646 \u0647\u06cc\u062a<\/div>\r\n  <\/div>\r\n<\/a>\r\n<\/div>\n<p>MUSCAT, APRIL 7 \u2014 Three publicly listed Omani power generation companies have signed new Power Purchase Agreements (PPAs) with Nama Power and Water Procurement Company (Nama PWP), the sole purchaser of power and water in the Sultanate. These agreements extend the operational life of their power assets by an additional 15 years.<\/p>\n<p>In regulatory filings submitted to the Muscat Stock Exchange (MSX) on April 7, 2026, Phoenix Power, Al Batinah Power, and Al Suwadi Power confirmed that the new PPAs will become effective upon the expiration of their existing 15-year contracts.<\/p>\n<p>Collectively, these companies provide over 3,500 MW of electricity generation capacity, accounting for approximately half of the gas-based generation capacity within the Main Interconnected System (MIS), which supplies much of northern Oman. A key international stakeholder in all three companies is the French multinational utility firm ENGIE.<\/p>\n<p>Phoenix Power detailed that its new PPA, following acceptance of a Letter of Award from Nama PWP dated March 18, 2026, will commence on April 1, 2029, immediately after the current contract ends, and will be valid through March 31, 2044. The agreement covers the purchase of between 1,978.41 and 2,074.13 megawatts under agreed commercial terms. Phoenix Power emphasized that the extension strengthens its strategic partnership with Nama PWP, ensures long-term financial stability, and supports the company\u2019s operational sustainability.<\/p>\n<p>Al Batinah Power and Al Suwadi Power Company (ASPC) have each signed new 15-year PPAs for their power plants, both with capacities of 746.53 MW. These agreements take effect on April 1, 2028, and will last until March 31, 2045.<\/p>\n<p>These new PPAs contribute to Oman\u2019s reliable electricity supply by maintaining efficient power plants as older units retire and renewable energy capacity increases. They also promote cost efficiency through reduced fuel consumption and competitive generation costs, while supporting grid stability amid the growing integration of renewable sources and providing operational flexibility during the nation\u2019s energy transition.<\/p>\n<p><style>\r\n@keyframes hitl8gak-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitl8gak-slideup{from{opacity:0;transform:translateY(20px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitl8gak-pulse{0%,100%{box-shadow:0 0 14px #dc262688}50%{box-shadow:0 0 32px #dc2626,0 0 60px #dc262655}}\r\n@keyframes hitl8gak-shimmer{0%,100%{opacity:0.3;transform:scaleX(0.4)}50%{opacity:1;transform:scaleX(1)}}\r\n@keyframes hitl8gak-glow{0%,100%{opacity:0.6}50%{opacity:1}}\r\n@keyframes hitl8gak-badge{from{opacity:0;transform:scale(0.8)}to{opacity:1;transform:scale(1)}}\r\n<\/style><style>\r\n.hitl8gakw{container-type:inline-size;width:100%;max-width:970px;margin:0 auto;box-sizing:border-box}\r\n.hitl8gaka{display:flex;flex-direction:row;align-items:center;justify-content:space-between;width:100%;box-sizing:border-box;text-decoration:none;color:#fff;font-family:-apple-system,BlinkMacSystemFont,'Segoe UI',Roboto,system-ui,sans-serif;position:relative;overflow:hidden;cursor:pointer;background:linear-gradient(135deg,#111118 0%,#080808 100%);border:1.5px solid rgba(255,255,255,0.08);border-radius:14px;gap:20px;padding:20px 40px;transition:border-color .2s}\r\n.hitl8gaka:hover{border-color:#dc262688}\r\n.hitl8gakg1{position:absolute;inset:0;background:radial-gradient(ellipse at 50% 0%,rgba(220,38,38,0.35),transparent 65%);pointer-events:none;z-index:0}\r\n.hitl8gakg2{position:absolute;bottom:0;left:0;right:0;height:45%;background:radial-gradient(ellipse at 50% 100%,rgba(220,38,38,0.15),transparent 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0;white-space:nowrap;overflow:hidden;text-overflow:ellipsis}\r\n.hitl8gaks{font-size:13px;color:rgba(255,255,255,.6);line-height:1.4;margin-top:3px;white-space:nowrap;overflow:hidden;text-overflow:ellipsis}\r\n.hitl8gakbl{display:none;flex-direction:column;gap:5px;margin-top:9px;align-self:flex-start}\r\n.hitl8gakbi{display:flex;align-items:center;font-size:11px;color:rgba(255,255,255,.55);font-weight:500}\r\n.hitl8gakct{position:relative;z-index:1;flex-shrink:0;display:flex;flex-direction:column;align-items:center}\r\n.hitl8gakbtn{display:inline-flex;align-items:center;gap:6px;padding:10px 24px;background:#dc2626;background-image:linear-gradient(180deg,rgba(255,255,255,.12) 0%,transparent 100%);color:#fff;font-size:14px;font-weight:700;border-radius:8px;white-space:nowrap;box-shadow:0 0 20px #dc262666;border:none;cursor:pointer;font-family:inherit;transition:filter .15s,transform 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both;animation-delay:0.3s;\">\u0648\u0628\u200c\u0633\u0627\u06cc\u062a\u200c\u0647\u0627\u06cc \u0633\u0641\u0627\u0631\u0634\u06cc \u0628\u0627 \u0627\u062a\u0648\u0645\u0627\u0633\u06cc\u0648\u0646 \u0647\u0648\u0634\u0645\u0646\u062f \u0648 \u0648\u06cc\u0698\u06af\u06cc\u200c\u0647\u0627\u06cc \u0645\u0628\u062a\u0646\u06cc \u0628\u0631 \u0647\u0648\u0634 \u0645\u0635\u0646\u0648\u0639\u06cc.<\/div>\r\n    <div class=\"hitl8gakbl\"><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>\u0633\u0626\u0648 \u0628\u0647\u06cc\u0646\u0647 \u0634\u062f\u0647 \u0648 \u0633\u0631\u0639\u062a \u0628\u0631\u0642 \u0622\u0633\u0627<\/span><\/div><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>\u0648\u06cc\u0698\u06af\u06cc\u200c\u0647\u0627\u06cc \u0647\u0648\u0634\u0645\u0646\u062f \u0633\u0627\u062e\u062a\u0647 \u0634\u062f\u0647 \u0628\u0631\u0627\u06cc \u06a9\u0633\u0628 \u0648 \u06a9\u0627\u0631 \u0634\u0645\u0627<\/span><\/div><\/div>\r\n  <\/div>\r\n  \r\n  <div class=\"hitl8gakct\">\r\n    <button class=\"hitl8gakbtn\" style=\"animation:hitl8gak-pulse 2.5s ease-in-out infinite;animation-delay:1s;\">\u0645\u0634\u0627\u0648\u0631\u0647 \u0631\u0627\u06cc\u06af\u0627\u0646 \u062f\u0631\u06cc\u0627\u0641\u062a \u06a9\u0646\u06cc\u062f <span style=\"opacity:.9;\">\u2192<\/span><\/button>\r\n    <div class=\"hitl8gakbr\">\u0633\u0631\u0632\u0645\u06cc\u0646 \u0647\u06cc\u062a<\/div>\r\n  <\/div>\r\n<\/a>\r\n<\/div><br \/>\n<\/p>\n<p>\u062a\u062d\u0644\u06cc\u0644 \u0648\u06cc\u0698\u0647 \u0627\u0632 \u0639\u0645\u0627\u0646\u062a | \u0628\u0627\u0632\u0627\u0631 \u0639\u0645\u0627\u0646 \u0631\u0627 \u06a9\u0634\u0641 \u06a9\u0646\u06cc\u062f<\/p>\n<p>The extension of Power Purchase Agreements by leading Omani power firms secures <strong>stable, long-term revenue streams<\/strong> and underpins <strong>energy sector resilience<\/strong> in a transitioning market. For businesses and investors, this signals <strong>confidence in gas-based generation\u2019s role alongside renewables<\/strong>, presenting opportunities in supporting infrastructure and technology upgrades while mitigating risks of supply disruptions. Smart entrepreneurs should now focus on <strong>innovations enhancing grid flexibility and efficiency<\/strong> \u0628\u0631\u0627\u06cc \u0628\u0647\u0631\u0647\u200c\u0628\u0631\u062f\u0627\u0631\u06cc \u0627\u0632 \u0686\u0634\u0645\u200c\u0627\u0646\u062f\u0627\u0632 \u0631\u0648 \u0628\u0647 \u0631\u0634\u062f \u0627\u0646\u0631\u0698\u06cc \u0639\u0645\u0627\u0646.<\/p>\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>Three Omani power companies\u2014Phoenix Power, Al Batinah Power, and Al Suwadi Power\u2014signed new 15-year PPAs with Nama Power &#038; Water Procurement Company, extending power asset operations to 2044-2045. These PPAs support stable, cost-efficient electricity amid Oman&#8217;s energy transition.<\/p>","protected":false},"author":5,"featured_media":10544,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[482],"tags":[396,161,3381],"class_list":["post-10543","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-energy-transition","tag-oman","tag-power-generation"],"jetpack_featured_media_url":"https:\/\/omanet.om\/wp-content\/uploads\/2026\/04\/3345120.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/omanet.om\/fa\/wp-json\/wp\/v2\/posts\/10543","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omanet.om\/fa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omanet.om\/fa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/omanet.om\/fa\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/omanet.om\/fa\/wp-json\/wp\/v2\/comments?post=10543"}],"version-history":[{"count":1,"href":"https:\/\/omanet.om\/fa\/wp-json\/wp\/v2\/posts\/10543\/revisions"}],"predecessor-version":[{"id":10545,"href":"https:\/\/omanet.om\/fa\/wp-json\/wp\/v2\/posts\/10543\/revisions\/10545"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/omanet.om\/fa\/wp-json\/wp\/v2\/media\/10544"}],"wp:attachment":[{"href":"https:\/\/omanet.om\/fa\/wp-json\/wp\/v2\/media?parent=10543"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omanet.om\/fa\/wp-json\/wp\/v2\/categories?post=10543"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omanet.om\/fa\/wp-json\/wp\/v2\/tags?post=10543"}],"curies":[{"name":"\u0648\u0631\u062f\u067e\u0631\u0633","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}