Barka 2 IPO moved to December
- From: Vol 12, Issue 3 (March 2011)
- Category: General
- Region: Middle East
- Country: Oman
- Related Companies: Degrémont (Suez), Doosan and International Power
The partial flotation of the Omani IWPP was set to take place in 2010. Construction delays mean it will now be floated by the end of 2011.
An IPO of the 120,000m3/d & 678MW Barka 2 IWPP in Oman is set to go ahead by the end of this year, following a delay in the construction of the facility, according to International Power regional head Shankar Krishnamoorthy.
Omani law requires that all independent water and power projects have an element of public ownership, through the flotation ...
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