Yonhap News6/15/2026Business1 min readSouth Korea

Doosan Enerbility Wins $350 Million Contract for Oman Power Plant

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Doosan Enerbility secured a 530 billion-won ($350 million) contract to build an 870-megawatt combined cycle power plant in Duqm, Oman.
The project, slated for completion by 2029, aims to meet growing electricity demand in southern Oman.

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Why It Matters

Doosan Enerbility, a South Korean plant builder, has secured a significant contract to construct a power plant in Oman, involving an international consortium.

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SEOUL, June 15 (Yonhap) -- Doosan Enerbility Co., a major South Korean plant builder, said Monday it has won a 530 billion-won (US$350 million) contract with a consortium including the state-run Korea Western Power Co. to build a combined cycle power plant in Oman.

The company said it has formed an engineering, procurement and construction (EPC) consortium with China's SEPCO-3 for the construction of the 870-megawatt power plant in Duqm, 550 kilometers south of Muscat, the capital of the Middle Eastern nation.

Doosan Enerbility will also manufacture and supply key equipment, including steam turbines and generators.

The power plant, scheduled to be completed by 2029, will be built in a special economic zone at Duqm. The plant is expected to help meet the growing demand for electricity in southern Oman and improve the stability of power supply in the region.

The project consortium includes Korea Western Power, Qatar's Nebras Power, the United Arab Emirates' Etihad Water and Electricity, as well as Bahwan Infrastructure Services of Oman.

"We won the deal based on our experiences in carrying out projects in the Middle East and our EPC capabilities," Lee Hyun-ho, head of the company's plant EPC division, said. "We will seek additional business opportunities in the Middle East through the success of this project."