OETC inaugurates RO 14 million Saih Al Khairat grid station in Dhofar omanobserver.om - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from omanobserver.om Daily Mail and Mail on Sunday newspapers.
OETC opens RO14mn Saih al Khairat grid station muscatdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from muscatdaily.com Daily Mail and Mail on Sunday newspapers.
In response to the government directives, issued in December 2021 to restructure the electricity sector, and in-line with the Group initiatives to enhance efficiency, Nama Holding announced the commencement of operations of the Electricity Distribution and Supply Companies.
Due to the hydrocarbons-focused nature of its economy, Oman was not immune to the global shocks of the past decade. The government is therefore pursuing economic diversification, with specific sectors being strategically targeted for development. The authorities have also rolled out a number of new laws in recent years to create a more accommodating legislative environment for investors, and have focused on privatising government-owned enterprises, creating special economic zones and strengthening local representation in the workforce.