falling back to 5785 MW by 2020 due to contract expirations.

The main developments over the 7-year period

are:

The Sur Power Plant currently under construction is expected to be fully commissioned by the third
quarter of 2014, adding a total of 2000 MW to contracted capacity.

A number of the older generation units at Ghubrah are scheduled to fall out of contract after summer
2014, resulting in total reductions of 195 MW. Several of these units have earlier been extended
beyond their initial contract terms. The plant owner, GPDC, has advised OPWP that given their age
and condition it intends to de-commission these units permanently at such time. The remaining units
at Ghubrah will fall out of contract prior to the summer of 2018, resulting in a further reduction of
235 MW if the contract is not renewed.

Several of the older generation units at Wadi Jizzi are also scheduled to fall out of contract after the
summer of 2014. In the absence of any further contract extension(s), this will result in a reduction of
81 MW in 2015 and a further 92 MW in 2016.

The PPA for the Al Kamil plant is due to expire prior to the summer of 2017. If not renewed, this will
result in a reduction of 282 MW of capacity in 2017.

The PPA for the Barka I plant is due to expire prior to the summer of 2018. If not renewed, this will
result in a reduction of 435 MW of capacity in 2018.

As indicated above, a number of generating units will reach the end of their current contract terms by 2018.
OPWP has initiated a process with the plant owners to extend contract periods through 2020, provided that
the plants are technically sound and able to provide guaranteed firm capacity throughout the extension period
at economic prices. The contract extension process is expected to be completed within 2014.

Figure 2

Contracted Generation Capacity MIS

MW
Existing Plant under Contract
8000

New Plant under Contract

7000
6000
5000
4000
3000
2000
1000
0
2014

7-Year Statement (2014-2020)

2015

2016

2017

2018

2019

2020

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