Oman .... spending heavily on power projects in rural areas.
Oman pumps $380m into power projects
MUSCAT, March 3, 2015
Oman has spent a total of RO147 million ($380.4 million) for the implementation of electricity projects in the rural areas of the sultanate in 2014, said a report.
This included establishment of networks and electricity stations, reported the Oman observer citing an official of The Distribution Code Review Panel (DCRP).
A total of 70 companies operating in the electricity sector have been approved by DCRP for implementing future projects during 2014, stated Hamad bin Salim Al Maghdari, the CEO of the Rural Areas Electricity Company and DCRP chairman.
Till date, the panel has approved 203 companies of contractors and suppliers, including 47 small and medium enterprises (SMEs), the report added.