Doosan Enerbility announced on August 21, 2026 that it has secured a 928.14 billion won (about $683 million) engineering, procurement and construction contract with Jabel Power SAOC to develop the Misfah Independent Power Project in Oman. The South Korean company will construct the 1,600 megawatt combined-cycle gas plant in consortium with China’s SEPCO-3, with completion expected in April 2029.

From a 12-Bidder Shortlist to a Signed EPC Contract

The Misfah plant has followed a well-documented journey to this contract. We reported in April 2025 that Nama Power & Water Procurement Company had received statements of qualification from 12 global and regional developers, including Korea Western Power, Samsung C&T, Sembcorp Utilities, Reliance Power, Sumitomo, Marubeni, ACWA Power and Nebras Power, for a combined 2,400 megawatt package covering Misfah in Muscat Governorate and a sister plant at Duqm in Al Wusta Governorate.

That developer competition eventually resulted in a consortium comprising Korea Western Power, Qatar’s Nebras Power, the UAE’s Etihad Water and Electricity, and Oman’s Bahwan Infrastructure Services, which signed power purchase agreements with Nama PWP as the offtaker. Doosan Enerbility, alongside SEPCO-3, was subsequently selected as the main EPC contractor for both the Misfah and Duqm plants, with construction at both sites set to start in the third quarter of 2026. The combined capacity of the two plants has also increased slightly since the 2025 bidding stage, rising from the 2,400 megawatts cited then to closer to 2,600 megawatts as the projects reached financial close, an increase Nama PWP has not separately clarified.

A Plant Built for Both Today’s Grid and Tomorrow’s Fuel Mix

Misfah will consume 8.5 million cubic meters of natural gas per day, while Duqm is designed to use 4.5 million cubic meters daily, according to Middle East Economic Digest. Siemens Energy separately confirmed on June 30, 2026 that it would provide six SGT5-4000F F-class gas turbines, manufactured at its Berlin factory, and six SGen5-2000P generators from its Muelheim plant, together with 20-year long-term service agreements covering both sites. The turbines are capable of hydrogen co-firing, a feature Oman’s Minister of Energy and Minerals, Salim Al Aufi, directly linked to the country’s decarbonization strategy during the equipment’s unveiling in Berlin.

Together, Misfah and Duqm are projected to increase Oman’s total electricity generation capacity by close to 20 percent and provide reliable electricity to more than 2 million people, helping meet rising demand in two of the country’s key economic zones: Muscat, Oman’s largest population and demand center, and the Duqm Special Economic Zone, an industrial and logistics hub undergoing rapid expansion along the Arabian Sea coast.

Doosan and SEPCO-3’s Regional EPC Pipeline

The Misfah award adds to a growing pipeline of Gulf combined-cycle contracts for the same contractor partnership. In March 2025, Doosan Enerbility and SEPCO-3 signed an EPC contract with Saudi Electricity Company for the 1,863 megawatt expansion of Riyadh Power Plant 12, located roughly 150 kilometers northwest of the Saudi capital and scheduled for completion in 2028, a year before Misfah’s April 2029 target. Doosan has pointed to that wider Middle East track record, including previous combined-cycle projects in Qatar and Saudi Arabia, as a key factor behind winning the Oman award, according to Lee Hyun-ho, head of the company’s Plant EPC business group.

Gas Turbines Are Not Oman’s Only Power Bet

Misfah’s award comes alongside a parallel expansion of Oman’s renewable energy capacity. Nama PWP, the same state offtaker behind Misfah and Duqm, also signed a power purchase agreement in September 2025 for the $403 million Ibri 3 solar project, a 500 megawatt photovoltaic plant with battery storage awarded to China’s CPECC under a Masdar-led consortium. While Ibri 3 supports Oman’s target of sourcing 30 percent of its electricity from renewables by 2030, Misfah and Duqm are centered on firm, dispatchable gas-fired capacity with a future hydrogen option, demonstrating how Oman is advancing both approaches simultaneously rather than choosing one over the other.

What Happens Next

Construction on Misfah and Duqm is expected to start in the third quarter of 2026, giving Doosan Enerbility and SEPCO-3 roughly two and a half years to complete Misfah by April 2029. Neither Doosan nor Nama PWP has disclosed a separate contract value or completion date specifically for the Duqm project, which was awarded to the same consortium alongside Misfah.

Project Fact Sheet

• Project Name: Misfah Independent Power Project
• Location: Wilayat Bousher, Muscat Governorate, Oman
• Project Value: 928.14 billion won (approximately $683 million), Doosan Enerbility’s EPC contract share
• Client/Developer: Jabel Power SAOC, on behalf of a consortium led by Nebras Power, with Korea Western Power, Etihad Water and Electricity, and Bahwan Infrastructure Services
• Offtaker: Nama Power & Water Procurement Company (Nama PWP)
• Main EPC Contractor: Doosan Enerbility, in consortium with SEPCO-3
• Equipment Supplier: Siemens Energy (six SGT5-4000F gas turbines; six SGen5-2000P generators; 20-year long-term service agreements)
• Key Components: 1,600 megawatt combined-cycle gas turbine plant; hydrogen co-firing capable turbines; 8.5 million cubic meters per day of natural gas supply
• Sister Project: Duqm Independent Power Project, Al Wusta Governorate, same EPC consortium
• Construction Start: Third quarter of 2026
• Expected Completion: April 2029

Project Team

• Developer Consortium: Nebras Power; Korea Western Power; Etihad Water and Electricity; Bahwan Infrastructure Services
• Offtaker: Nama Power & Water Procurement Company
• EPC Contractor: Doosan Enerbility; SEPCO-3
• Equipment Supplier: Siemens Energy