Project Today reported that NTPC is planning to explore an investment option in Oman and currently is in talks with Oman Power & Water Procurement Co, Omani Electricity Regulation Authority and Public Authority for Electricity & Water.

According to the report, NTPC is also having discussions with two prominent Omani private industrial houses with diverse business interests namely Zubair Corporation and Omar Zawawi Establishment.

Oman government has decided in principle to set up coal based power plants in the upcoming industrial port city of Duqum. The generation capacity will be in the range of 1000 to 1200 MW.

OPWPC is expected to award the contract through an international competitive bidding process and the tenders are expected to be invited before end 2008.