Investments that we currently hold.
Sembcorp Salalah Power & Water Co SAOG (SSPWC) has invested about USD 1 billion to build, own and operate the Salalah Independent Water and Power Plant (Salalah IWPP) in Oman, which has a 445 megawatts gas-fired power plant and a 15 million imperial gallons (69,000 cubic metres) per day seawater desalination facility. The entire electricity and water output from the facility is sold under a 15-year power and water purchase agreement with Oman Power and Water Procurement Company. The plant has been in full commercial operation since May 2012. It provides 80% of the power and 100% of the water requirements of the Dhofar region.
SSPWC is listed on the Muscat Securities Market. OIC is a founding shareholder of SSPWC.