Doosan Enerbility, in consortium with China’s SEPCO-3, has secured an Engineering, Procurement and Construction (EPC) contract for a 1,700MW Combined Cycle Gas Turbine (CCGT) power plant in Misfah, located approximately 20 kilometers west of Muscat, Oman, it was announced in August 2026. The contract is valued at approximately $670-680 million (roughly KRW 93 billion), with the target completion date reported as April 2029.
The project is procured by Oman’s Nama Power & Water Procurement and is being developed by Jabel Power, a project company established by a development consortium comprising Qatar’s Nebras Power, the UAE’s Etihad WE, and Oman’s Bhawan Infrastructure, as an Independent Power Producer (IPP) project. The Doosan Enerbility-SEPCO-3 consortium is responsible for the EPC scope, with Doosan Enerbility reported to directly supply core equipment including steam turbines and generators. The gas turbine supplier has not been identified.
The plant’s generating capacity is 1,700MW, with the contract period running from August 20, 2026 to April 1, 2029, and the target completion reported as April 2029. The contract value is reported at approximately $670-680 million (roughly KRW 93 billion). Natural gas supply required for plant operation is reported at 8.5 million cubic meters per day.
The Misfah CCGT project is reported to be part of Oman’s plan to expand gas-fired power generation capacity to meet growing electricity demand. The development consortium’s structure, combining Qatari, Emirati, and Omani capital, reflects an expanding trend of regional capital collaboration in the Gulf’s independent power producer market.
This contract illustrates the continued momentum of CCGT-based IPP procurement in the Middle East. Heavy industry contractors are increasingly expanding their participation beyond EPC scope to directly supply core equipment such as steam turbines and generators, and this project reflects that broader trend. The consortium structure involving a Chinese EPC contractor suggests that multinational joint bidding has become a common pattern in the region’s power plant market. In terms of the equipment supply chain, large-scale CCGT projects such as this one are seen as providing continued order opportunities for equipment suppliers of gas turbines, boilers, and generators. As Gulf Cooperation Council (GCC) countries continue to award gas-fired combined cycle capacity alongside renewable energy expansion to serve baseload and mid-merit demand, this trend is expected to continue for the foreseeable future.
Attention is focused on whether subsequent milestones – groundbreaking, mechanical completion, and commercial operation – will be disclosed in sequence toward the April 2029 target. The progress of project financing arrangements is also a point to watch. The potential for additional IPP awards in Oman, and whether the consortium participants will bid again on similar Gulf power projects, are also drawing industry attention.