Profile: SUWP | Al Suwadi Power

MUSCAT SECURITIES MARKET (MSM)Trading Hours: Sun - Thu 10:00 am-1:00 pm

Al Suwadi Power SUWP
SUWP 0.00%
Services 0.00%
MSM30 Index 0.00%
Last Value
% Change
Price in OMR Last Update : 25 Sep 2017 10:15 am (local time)


Corporate Details
Symbol SUWP
Exchange Oman
Sector Services
Auditors N/A
Company Description

Al Suwadi Power Company (SUWP) is one of the largest operating power company in the Sultanate of Oman and plays a very significant role in meeting Oman's growing power demand in the longer term.

Company Activities

Al Suwadi Power Company owns Barka 3 Power Plant in the Al Batinah region of the Sultanate of Oman, with a contracted power capacity of 745 MW, it currently contributes a significant proportion of Oman’s total Main Interconnected System (MIS) capacity. It is one of the energy efficient large scale power plants in Oman. The Barka plant is comprised of two Siemens AG SGT5-4000F gas turbines (GT), two triple pressure heat recovery steam generators and Siemens AG SST5-5000 steam turbine. The plant has a net power capacity of 744 MW at COD.

Equity Profile
Date Established Aug 2, 2010
Listing Date Jun 23, 2014
Paid-up Capital (OMR) 71,440,634
Outstanding Shares 714,406,340
Shares Per Value .100
Contact Information

Business Centre Building No. 326, Suite 501 & 512, Way No. 3307, Al Khuwair,PO Box 39, Bareeq Al Shatti 103, Sultanate of Oman .

+968 2439 3300

+968 2439 3366



Company History

Al Suwadi Power Company was established in 2010. Following a competitive bidding process run by OPWP in 2009-2010, the founders were awarded the contract to build two plants, which saw the incorporation of Al Suwadi Power Company for Barka 3 and Al Batinah Power Company for Sohar 2.

Board Members & Senior Management
Mr. Mario Savastano Chairman
Mr. Przemek Lupa CEO
Mr. Guillaume Baudet Board of Directors
Mr. Kazuichi Ikeda Board of Directors
Mr. Johan Van Kerrebroeck Board of Directors
Mr. Ryuji Kikuchi Board of Directors
Mr. Jan Sterck Board of Directors
Mr. Rahul Kar Board of Directors
Mr. Ali Taqi Ibrahim Al Lawati Board of Directors
Mr. Santosh Nair Board of Directors
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