OMAN POWER AND WATER PROCUREMENT COMPANY

Wind Technology - Power Generation – Tender

Broad Outline for RFQ

Oman Power and Water Procurement Company SAOG released a tender for the Projects based on
Wind Technology to produce electricity to deliver into Oman Electricity Transmission company.

1) Six (6) Wind Independent Power Projects (IPP)

I. Dhofar 1 Wind IPP – Acquisition, operation, and maintenance (existing)

II. Development, financing, design, engineering, construction, ownership, operation, and
maintenance of the following Packages:

Three RFPs will cover Package 1, Packages 2 & 3, and Packages 4 & 5. Power and Water Procurement
Company (PWP) may group packages into a single RFP or adjust the number of projects, capacities,
and packaging at its discretion.

Range of Project OETC advised Estimate

Package Sites
Size Connection Date SCOD
Package 1 Dhofar I Wind IPP 50 MW Achieved COD in 2019
Package 2 Dhofar II Wind IPP 114-132 MW Q4 2026 Q2 2027
Package 3 JBB Ali Wind IPP 91-105 MW Q2 2026 Q1 2027
Duqm Wind IPP 234-270 MW Q2 2027 Q4 2027
Package 4
Sadah Wind IPP 81-99 MW Q2 2027 Q4 2027
Package 5 Mahoot I Wind IPP 342-400 MW Q2 2027 Q4 2027

2) Minimum Eligibility Requirement (Technology)

I. Eligible project references will be required for two (2) operational IPPs/IWPPs each with a
minimum capacity specified in the table below for the respective Package(s). At least one (1)
such project must be located outside the Home Country of the Applicant.

Two operational IPPs/IWPPs each

Package Sites
with a minimum capacity of:
Package 1 Dhofar I Wind IPP 100 MW
Package 2 Dhofar II Wind IPP 100 MW
Package 3 JBB Ali Wind IPP 100 MW
Package 4 Duqm Wind IPP and Sadah Wind IPP 200 MW

II. A minimum Tangible Net Worth in US$ million (or currency equivalent) as specified in the table
below for the respective Package(s) that the Applicant is submitting their pre-qualification for,
in each of the three (3) most recently completed fiscal years as evidenced by audited accounts
of the Applicant.

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 Minimum Tangible Net Worth
Package Sites
Requirement (US$ million)
Package 1 Dhofar I Wind IPP 50
Package 2 Dhofar II Wind IPP 100
Package 3 JBB Ali Wind IPP 75
Package 4 Duqm Wind IPP and Sadah 250
Wind IPP
Package 5 Mahoot I Wind IPP 250

Or

A minimum Net Worth in US$ million (or currency equivalent) as specified in the table below for the
respective Package(s) that the Applicant is submitting their pre-qualification for, in each of the three
(3) most recently completed fiscal years as evidenced by audited accounts of the Applicant (or
Managing Member) and has a valid Investment Grade Rating based on the latest credit rating report.
Such latest credit rating report should have been issued within an 18-month period immediately
preceding the Issue Date.

Minimum Net Worth Requirement

Package Sites
(US$ million)
Package 1 Dhofar I Wind IPP 75
Package 2 Dhofar II Wind IPP 150
Package 3 JBB Ali Wind IPP 125
Package 4 Duqm Wind IPP and Sadah 375
Wind IPP
Package 5 Mahoot I Wind IPP 375

If the Applicants intends to submit a Bid for more than one Package at the RFP stage, further
assessment will be carried out to ensure the minimum Tangible Net Worth / Net Worth of the
Applicant meets the cumulative Tangible Net Worth / Net Worth requirement of the Packages
intends to submit a Bid for.

3) Agreements (for Power Produced)

I. Power Purchase Agreement (PPA) - Each PPA will be the principal contract between the
relevant Project Company and PWP. Each PPA is expected to be for a period completing 20
years after SCOD of the respective Project.

II. Tariff Structure

In return for the Project Company selling the electricity output delivered in accordance with
dispatch instructions, PWP will pay the Project Company the Contracted Energy Charge with the
following two elements for each Project:

a) Capital Cost Recovery Charge; and

b) O&M Cost Recovery Charge If PWP procures any energy prior to the COD, then PWP may
compensate the Project Company for the relevant energy as per the provisions to be
stipulated under PPA.

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 III. Electricity Connection Agreement

This agreement will be entered into between each Project Company and OETC and will provide
for the connection of each Project with the power transmission and distribution system,
respectively.
In addition to providing for the connection of each Project with the power transmission and
distribution system, the ECA will describe the boundary of ownership, operational and safety
responsibilities and the rights of each of the parties in respect of power connection facilities.

IV. Electricity Supply Agreement

This agreement will be entered into between each Project Company and the licensed electricity
supplier and will provide for the supply of electricity to each Project, if required

Project will be required to establish, a separate special purpose Project Company as an Omani
closed joint stock company pursuant to the Commercial Companies Law and subject to the
provisions of any subsequent Omani legislation issued in this respect, to implement the Project
and to enter into the Project Agreements.

4) Funding

Each Project Company will:

• be separately and independently financed (approx..)
Minimum Net Worth Requirement
Package Sites
(US$ million)
Package 1 Dhofar I Wind IPP 75
Package 2 Dhofar II Wind IPP 150
Package 3 JBB Ali Wind IPP 125
Package 4 Duqm Wind IPP and Sadah 375
Wind IPP
Package 5 Mahoot I Wind IPP 375

• be subject to separate licensing arrangements.

Each PPA is expected to be for a period completing 20 years after Scheduled Commercial
operation Date (SCOD) of the respective Project.

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