Sembcorplalah Power & Water CompanyOG (MUS:SSPW) Construction In Progress : ر.ع0.00 Mil (As of Dec. 2024)

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What is Sembcorplalah Power & Water CompanyOG Construction In Progress?

Sembcorplalah Power & Water CompanyOG Construction In Progress Historical Data

The historical data trend for Sembcorplalah Power & Water CompanyOG's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
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Sembcorplalah Power & Water CompanyOG Construction In Progress Chart

Sembcorplalah Power & Water CompanyOG Annual Data

Trend

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Construction In Progress

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0.65

0.64

Sembcorplalah Power & Water CompanyOG Quarterly Data
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Sembcorplalah Power & Water CompanyOG Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Sembcorplalah Power & Water CompanyOG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Sembcorp Salalah Power & Water Company SAOG (MUS:SSPW) » Definitions » Construction In Progress

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Traded in Other Exchanges

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Address

PO Box 1466, Salalah, OMN, 211

Website

https://www.sembcorpsalalah.com.om

Sembcorp Salalah Power & Water Company SAOG develops, owns, and operates an electricity generation and seawater desalination plant located between the towns of Taqah and Mirbat. The plant meets the growing power and water demands of the region over the short, medium, and long term. The company generates its revenues from PWPA with Oman Power & Water Procurement Company. Under the terms of the PWPA, the plant's contracted power and water capacity are sold exclusively to OPWP on a long-term take-or-pay basis.

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