Sembcorp Salalah Power & Water Company Overview
Pro stress-test →Sembcorp Salalah is the largest and most energy-efficient power and water plant in Dhofar in Southern Oman. The company recently signed a new 10-year Power and Water Purchase Agreement with Nama Power and Water Procurement Company, commencing April 4, 2027. The facility plays a critical role in meeting the region's essential infrastructure needs for electricity and desalinated water.
Strategic Profile
Pro stress-test →The company benefits from strong and predictable cash flows on an availability basis, receiving capacity charges for 100% of available power and water capacity regardless of actual dispatch, which comprises approximately 90% of total revenue. The company is 60% owned by Sembcorp Utilities and 40% owned by the Oman Investment Corporation, providing strategic backing from experienced global and regional partners in energy and infrastructure.
Competitive Landscape
Pro stress-test →Sembcorp Salalah is one of 12 independent power and/or water production projects implemented by the Omani government through OPWP on a build-own-operate basis. The company operates as a monopoly provider for its designated region and competes primarily against other government-contracted independent power projects in Oman, with Sembcorp's broader portfolio comprising over 1.0GW of energy assets in Oman including gas and renewables.
Industry Context
Sembcorp Salalah Power & Water Company operates in Independent Power Production & Water Desalination.
Key facts
Founded: 2009 · Headquarters: Salalah, Oman