Muscat - In a move that strengthens Oman’s water security, SMN Barka Power Company SAOC, a subsidiary of SMN Power Holding SAOG, has entered into a new Water Purchase Agreement (WPA) with Nama Power and Water Procurement Company (Nama PWP).
The agreement, with a term of nine years, ensures the continued production of desalinated water by SMN Barka Power’s desalination plant.
This strategic partnership reinforces SMN Barka Power’s role as a significant contributor to Oman’s water sector.
The company’s desalination plant possesses a production capacity of 26.4 million imperial gallons per day (MIGD), playing a vital role in fulfilling the nation’s water requirements.
“The successful execution of this long-term WPA with Nama PWP represents a significant achievement for SMN Power,” the company said in a statement.
“This agreement guarantees the ongoing operation of our Barka desalination plant, thereby bolstering Oman’s water production capacity.
We extend our sincere appreciation to the Authority of Public Services Regulation (APSR), Nama PWP, our shareholders, the Board of Directors, and all stakeholders for their unwavering support and collaboration throughout the Barka Water 2024 tendering process.”
SMN Power Holding SAOG (SMN Power), a key player in Oman’s power and water infrastructure, recently secured long-term agreements for its subsidiaries.
In February 2024, SMN Power announced that its subsidiaries, Al Rusail Power Company SAOC and SMN Barka Power Company SAOC, received Letters of Award from Nama Power and Water Procurement Company (Nama PWP) for extended Power Purchase Agreements (PPAs) and a Water Purchase Agreement (WPA) respectively.
The two-month extension for Al Rusail Power and the nine-year WPA for SMN Barka Power solidify their roles in Oman’s energy landscape.
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