OMAN —Oman Power and Water Procurement Company (OPWP) SAOC has officially floated a tender for the provision of techno-economic consultancy services dedicated to Phase 2 of the Hot Springs Geothermal Project in Oman.
The selected consultancy firm will be tasked with executing comprehensive techno-economic advisory services to assess the feasibility, technical parameters, economic viability, and strategic development model for Phase 2 of the Hot Springs Geothermal Project.
Oman Power and Water Procurement Company (OPWP) SAOC serves as the sole buyer of power and desalinated water within the Sultanate of Oman, responsible for planning, procuring, and securing long-term capacity to meet the nation's growing energy and water requirements.
This tender highlights Oman's accelerating effort to diversify its energy mix by tapping into unexplored geothermal resources alongside existing solar and wind initiatives. Integrating geothermal energy provides a stable, baseload renewable energy source that enhances grid stability and reduces reliance on natural gas.
For international consultancies and energy engineering firms, this opportunity underscores growing commercial prospects within the Middle East's clean energy landscape. Successful completion of this study could unlock future capital-intensive EPC contracts and project finance opportunities as the Sultanate advances its national zero-carbon and sustainability goals.
The tender is published on Bidsinfo.com, and full tender details are available on https://www.bidsinfo.com/ref/38124400/provision-of-techno-economic-consultancy-services-for-the-hot-springs-geothermal-project-phase-2.
