Al Suwadi Power Company SAOG Overview
Pro stress-test →Al Suwadi Power Company is an independent power generation company in Oman that owns and operates the Barka-3 power plant with a capacity of 745-750 MW. The company supplies electricity and water to the Oman Power and Water Procurement Company (OPWP), representing a critical component of Oman's Main Interconnected System (MIS) and contributing significantly to the nation's power infrastructure.
Strategic Profile
Pro stress-test →The company operates under a well-established long-term contractual framework with OPWP as its single buyer, providing revenue stability and predictable cash flows. Its strategic positioning benefits from Oman's growing power demand and its essential role in the country's energy security and development objectives.
Competitive Landscape
Pro stress-test →Al Suwadi operates in Oman's regulated independent power producer market with OPWP as the single buyer of all electricity generated by IPPs. The company faces limited direct competition due to its long-term power purchase agreement and strategic importance to national power infrastructure, though regulatory changes and potential renewable energy integration could affect future positioning.
Industry Context
Al Suwadi Power Company SAOG operates in Independent Power Generation / Utilities.
Key facts
Founded: 2010 · Headquarters: Muscat, Oman · Revenue: $226M · Market cap: $134M