Effects of cost-reflective electricity tariff on local industries discussed
By: Times News Service
Muscat: The effects of applying cost-reflective electricity tariff on local industries and to find a mechanism to attract new investments to the industrial sector in Oman were discussed at a major workshop on Sunday.
The meeting came out with a number of recommendations to look into factories that consume more electricity, measure the damage to them and to create an incentive mechanism for them to continue.
A working group will be formed with all parties concerned for the implementation of the said recommendations as the industrial sector is one of the most important sectors that promote economic diversification in Oman according to Oman 2040 Vision.