Phoenix Power owns, maintains and operates the Sur Independent Power Plant. The plant is located in the Sur Industrial Estate between the Oman LNG plant terminal and Oman India Fertilizer Company plant in Sur, approximately 175km south-east of Muscat in Oman. The plant has been in full commercial operation since December 2014 and with an installed capacity of 2000MW, Phoenix Power proudly contributes c. 27.8% of Oman’s total MIS contracted capacity making the company and the project key to the Sultanate’s power infrastructure.
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OWNER OF OMAN’S LARGEST POWER PLANT IN OPERATION
Media announcements on Phoenix Power Company.
Phoenix Power listed on MSM
Following the successful closure of the Initial Public Offering (IPO) of Phoenix Power on 8 June 2015, the Capital Market Authority of the Sultanate DownloadRead More
Phoenix Power IPO attracts strong investor interest
13 May 2015Read More
A large number of institutional investors and high net worth individuals from the Sultanate attended investor roadshow presentations for the IPO
Phoenix Power IPO opens for subscription
10 May 2015Read More
Phoenix Power Co SAOG (under transformation) today announced the opening of its Initial Public Offering (IPO) for subscription..
Axia is an entity that is 100% owned by Marubeni Corporation (Marubeni). Marubeni, acting as the lead member of the consortium, is one of the leading Japanese trading houses with an estimated market cap of c. 1.41 trillion JPY.
Chubu Electric Power Sur B.V. (CEPSur) is a wholly owned subsidiary of CEPCo, established to hold shares in and manage Phoenix Power and the operation and maintenance company for the Project.
Qatar Electricity & Water Company
Qatar Electricity & Water Company (QEWC) was established in 1990 as a Qatari joint stock company with the Government of Qatar as a major shareholder. QEWC has since been successfully meeting Qatar’s ever-increasing demand for electricity and water.
Multitech (part of the Suhail Bahwan Group)
Multitech is the investment arm of the Suhail Bahwan Group for participation in power and water privatisation projects in Oman.