05/05/2025 03:02 AST

Following its earlier announcements on March 13, 2023 and December 30, 2024, Sembcorp Utilities Pte Ltd, a wholly-owned subsidiary of Sembcorp Industries (Sembcorp), announces the start of commercial operations of the 588MWp Manah II Solar Independent Power Project (Manah II) in Manah, Sultanate of Oman.

This milestone follows the successful completion of acceptance tests announced earlier. It marks the commencement of power supply under a 20-year power purchase agreement for 500MW with Nama Power and Water Procurement Company.

Manah II is Sembcorp's first greenfield renewables development in the Middle East and its largest utility-scale solar farm project to date. It supports Oman Vision 2040 by contributing clean energy to the national grid and advancing the country's goal of achieving 30% renewable energy in its electricity mix by 2030.


Times of Oman

Sembcorp unit seals 10-year Omani utility purchase deal

06/10/2025

Sembcorp Industries (Sembcorp) has announced that its key subsidiary, Sembcorp Salalah Power & Water Company (SSPWC), has secured a new 10-year power and water purchase agreement (PWPA) from Nama Pow

Trade Arabia

Ticker Price Volume
SSPW Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
OQEP 0.38 -0.01 (-2.57%)
OQGN 0.20 0.00 (0.00%)
OTEL 1.07 0.00 (0.00%)
ABRJ 0.32 -0.01 (-3.04%)
PHPC 0.15 0.00 (0.00%)
Oman Oil Marketing Company reports minor damage following storage tank attack

05/03/2026

The Oman Oil Marketing Company (OOMCO) has formally announced that one of its fuel storage tanks on March 3 the subject of an incident. In a statement released on March 4, the company confirmed that

Muscat Daily

UAE telecom firm du says its network is operating normally

05/03/2026

Emirates Integrated Telecommunications Company (du) on Wednesday assured its operational readiness and confirmed its infrastructure and core systems were operating normally.

Providing a busi

Khaleej Times

UDC approves 5.5% cash dividend distribution equivalent to QAR 194.7 million

05/03/2026

The annual ordinary general assembly meeting of the United Development Company (UDC), a leading Qatari public shareholding company and the master developer of The Pearl and Gewan Islands, approved th

Gulf Times

Alba boosts Bahraini leadership pipeline through key appointments

05/03/2026

Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, has announced a set of leadership appointments that underscore its long-term commitment to succession planning, leadership

Trade Arabia

AD Ports Group confirms normal operations amid regional conflict

05/03/2026

The AD Ports Group on Wednesday, March 4, confirmed that all its operations continue normally in light of current regional developments.

As a precautionary measure, the group has activated i

Khaleej Times