As stated by the AIIB, the Project involves the development, design, engineering, construction, operation, and maintenance of a 500 MWac Manah solar I photovoltaic power plant in the Ad Dakhiliyah region of the Sultanate of Oman.
The Project is being developed by EDF Renouvelables and Korea Western Power Company Ltd., through a special purpose vehicle, which has entered into a 20-year Power Purchase Agreement commencing from the scheduled commercial operations date with Oman Water and Power Procurement Company SAOC in March 2023. Post the PPA expiry, the Project Company will be eligible to sell the electricity under the spot market regime in Oman.
As stated by Bloomberg, EDF Renouvelables produces renewable energy electricity. The Company generates electricity from wind and solar energy, hydro power, and biomass material, as well as offers development, construction, production, operation, and maintenance of power plants. EDF Energies Nouvelles serves customers in Europe and North America.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||Oman Power and Water Procurement Company||Buyer||Infrastructure|
|Korea Western Power Co Ltd||Client||Energy||contracts with||EDF Energy Renewables||Client||Energy|
AIIB Team Leaders:
Mehek Marwaha - Senior Investment Operations Specialist
Email: mehek.marwaha @aiib.org
Yi Han - Investment Operations Specialist
Antonio Valentin Diaz - Head of Projects Delivery
Francisco Luque - Technical Lead
Vahe Hadajian - Senior Business Developer
Korea Western Power Company Ltd.:
So, Dong Uk - Project Manager
So, Dong-Uk (Daniel) - Project Director
ACCESS TO INFORMATION
You can submit an information request for project information at: https://www.aiib.org/en/contact/information-request/index.html
ACCOUNTABILITY MECHANISM OF AIIB
The AIIB has established the Accountability Mechanism for Project-Affected People (PPM). The PPM provides Òan opportunity for an independent and impartial review of submissions from Project-affected people who believe they have been or are likely to be adversely affected by AIIBÕs failure to implement the ESP in situations when their concerns cannot be addressed satisfactorily through Project level GRMs or AIIB Management processes.Ó Two or more project-affected people can file a complaint. Under the current AIIB policy, when the bank co-finances a project with another development bank, it may apply the other bank's standards. You can refer to the Project Summary Information document to find out which standards apply. You can learn more about the PPM and how to file a complaint at: https://www.aiib.org/en/about-aiib/who-we-are/project-affected-peoples-mechanism/how-we-assist-you/index.html
The complaint submission form can be accessed in Arabic, Bahasa Indonesia, Bengali, Chinese, English, Tagalog, Hindi, Nepali, Russian, Turkish, or Urdu. The submission form can be found at: https://www.aiib.org/en/about-aiib/who-we-are/project-affected-peoples-mechanism/submission/index.html