Renewable Energy StoriesRenewable Energy Stories
  • Home
  • Solar News
    • Utility Scale
    • Rooftop Solar
    • Manufacturing
  • Other Renewables
    • Wind Energy
    • Biofuels
    • Hydro Power
    • Others
  • Storage
    • Lithium-Ion
    • Large Storage (100 kW+)
    • Small Storage
    • Battery Technology
  • Research
  • Finance
  • Events
  • Advertise
Facebook Twitter Instagram
India Edition | South East Asia Edition
Facebook Twitter LinkedIn
Renewable Energy StoriesRenewable Energy Stories
  • Home
  • Solar News
    • Utility Scale
    • Rooftop Solar
    • Manufacturing
  • Other Renewables
    • Wind Energy
    • Biofuels
    • Hydro Power
    • Others
  • Storage
    • Lithium-Ion
    • Large Storage (100 kW+)
    • Small Storage
    • Battery Technology
  • Research
  • Finance
  • Events
  • Advertise
Renewable Energy StoriesRenewable Energy Stories
Home » Hydrom Invites Global Energy Firms For Round 2 Public Auction for Green Hydrogen
Solar News

Hydrom Invites Global Energy Firms For Round 2 Public Auction for Green Hydrogen

By Saur News Bureau Wed, Sep 6th, 2023
Hydrom Auction
Hydrom Invites Global Energy Firms For Round 2 Public Auction for Green Hydrogen Production
Share
Facebook Twitter LinkedIn Pinterest Email

Hydrom, a subsidiary of state-owned Energy Development Oman, is inviting global energy companies to participate in Round 2 public auction to develop green hydrogen production in Dhofar Governorate.

It may be noted that the Round 2 public auction, officially launched last June,  has given an opportunity for companies seeking to invest in sustainable energy projects.

In its statement, Hydrom said, “the Round 2 Public Auction offers up to three prime blocks, ranging in size from 340 km2 to 400 km2, exclusively dedicated to green hydrogen production.”

Hydrom aims to leverage Dhofar’s abundant renewable energy resources, including wind and solar power, to establish a robust green hydrogen industry in the country, said the firm.

Elaborating further, it said, applicants for the auction will undergo a comprehensive evaluation process conducted in three stages to ensure that only capable and committed participants with strong financial, development, and operating capabilities are eligible for the competitive bidding process.

“The first stage, known as the Minimum Qualification Criteria, establishes the minimum requirements that applicants must meet to demonstrate their capability and commitment. These criteria are designed to ensure that participants possess the necessary financial resources, development expertise, and operational capacities to successfully undertake green hydrogen projects in Dhofar, “ said the firm.

Further, the second stage, termed the Minimum Bid Criteria, sets forth the minimum requirements aligning project proposals with the strategic objectives of Oman’s foray into the green hydrogen value chain. Only bids that meet these requirements will proceed to the bid evaluation stage.

The final stage of the evaluation process is the Evaluation Framework, which provides a structured and comparative method for assessing bids.

To participate, companies must submit their Statements of Qualification (SOQ) by the deadline of October 8, 2023. The subsequent phase of the auction will commence this September 2023 with the release of the Request for Proposal (RFP) documents. This will provide qualified bidders with the necessary information to develop their proposals for green hydrogen projects in Dhofar.

The bid submission deadline is set for January 2024, allowing participants ample time to prepare and submit their proposals. The winners of the second round of the auction will be announced by the end of Q1 2024.

Last June, Hydrom held a qualification process followed by an investor roadshow, to provide comprehensive insights into the project and address potential queries from participants.

Successful bidders will be granted the opportunity to develop and operate green hydrogen projects within the allocated blocks. Additionally, participants will be requested to sign a Confidentiality Undertaking, safeguarding the sensitive information shared during the auction. It is important to note that a registration fee will be applicable to obtain the Request for Qualification (RFQ) documents.

Qualified bidders, after successfully completing the qualification round, will be required to pay a fee to obtain the Request for Proposal (RFP) documents. Subsequently, a fee for each bid to be submitted will also be applicable. These fees are intended to cover the administrative costs associated with the auction process.

Global Energy Firms Green Hydrogen Hydrom Public Auction for Green Hydrogen Production
Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Saur News Bureau
  • Website

Related Posts

UAE’s GSU Plans Solar Plant in Madagascar

July 1, 2025

Egypt Looks to Expand Solar and Smart Grid Plans with China

June 30, 2025

New Cooling Tech Raises Solar Cells Power And Longevity: Study

June 27, 2025

Leave A Reply Cancel Reply

fifteen + 13 =

Latest News
  • UAE’s GSU Plans Solar Plant in Madagascar
  • Egypt Looks to Expand Solar and Smart Grid Plans with China
  • New Cooling Tech Raises Solar Cells Power And Longevity: Study
  • Sharjah Gas Plant Now Runs on Solar Power
  • Everllence Expands Low-Emission Energy Projects Across the Gulf
Solar News

UAE’s GSU Plans Solar Plant in Madagascar

July 1, 2025

Egypt Looks to Expand Solar and Smart Grid Plans with China

June 30, 2025

New Cooling Tech Raises Solar Cells Power And Longevity: Study

June 27, 2025

Sharjah Gas Plant Now Runs on Solar Power

June 26, 2025
ADVERTISE WITH US

We are the no.1 B2B solar media in India. With SaurEnergy, you have a full menu of options to pick from to reach the largest audience for your products and services.

To get in touch, contact us at info[at]saurenergy.com

Or Call at 9891147599 / 8802315631

Facebook Twitter Instagram YouTube LinkedIn WhatsApp
Latest News
  • UAE’s GSU Plans Solar Plant in Madagascar
  • Egypt Looks to Expand Solar and Smart Grid Plans with China
  • New Cooling Tech Raises Solar Cells Power And Longevity: Study
  • Sharjah Gas Plant Now Runs on Solar Power
  • Everllence Expands Low-Emission Energy Projects Across the Gulf
SAURENERGY NEWSLETTER

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

    [mc4wp_checkbox]

    © 2025 Saurenergy International.

    Type above and press Enter to search. Press Esc to cancel.

    Newsletter Subscription

      [mc4wp_checkbox]