Category: POWER

COMPANIES
Muscat Desalination
MCDC IPO opens for subscription

Muscat City Desalination Company (MCDC), which is opening its initial public offering today, said the company plans to offer a projected dividend yield of 8.3 per cent for the first five years, considering the offer price of 116 baisas. This compares with the average dividend yield of 5.9 per cent for the other power and […]

POWER
Nama
OETC has no plans to raise fund, says Nama group

Nama Holding said that its subsidiary Oman Electricity Transmission Co. has no plans to raise additional fund this year as the firm has already raised $500 million earlier this year. The company was responding to a wrong international agency report, which said Nama group is planning for a $500 million sukuk programme. Nama Holding has […]

COMPANIES
DSC_0267
Setting standards

A round-table discussion on the Distribution Code Review Panel (DCRP) organised by Nama Group and OER underlines the need for safeguarding the rights of electricity consumers in addition to reviewing Oman Electrical Standards (OES) to align with the current needs of the electricity sector   PARTICIPANTS Eng. Sultan Said Al Qatabi, Manager, DCRP   Eng. Hassan Al Abduwani, […]

Interviews
OETC
In expansion mode

Oman Electricity Transmission Company is making substantial investments for building new power infrastructure and upgrading existing transmission facilities to meet the future growth in demand, says CEO, Eng Ali Said Al Hadabi in an interview to Muhammed Nafie Can you talk about the operation of OETC and the major milestone achievements of the company? Oman […]