A state-owned utility responsible for wastewater services in Oman’s Dhofar Governorate has invited proposals from investors for the development of a first-ever commercial-scale biomethane-based power plant coupled with a solar photovoltaic (PV) component.The client is the Salalah-based Dhofar Integrated Services Company (DISC), a newly established entity.
Nama Group revenue climbs to RO 1.31 bn in 2020 Electricity supply dips 1.9pc due to pandemic, economic downturn impacts
Ghada Mohammed al Yousef SHARE
Nama Group, the holding company of government-owned assets in Oman’s electricity and related water sector, reported a 4.77 percent increase in revenue last year, which climbed to RO 1.31 billion in 2020.
Profit After Tax increased 12.29 per cent to RO 67.82 million, while revenue towards electricity subsidy dipped 1.5 percent to RO 615 million. Total assets of the Group reached RO 6.75 billion in 2020.
The figures were disclosed by Ghada Mohammed al Yousef, Executive Manager, Group Communication and Sustainability, at the annual press briefing of the Group on Tuesday. The briefing was attended by Eng Omar al Wahaibi, CEO of Nama Group, as well as CEOs of Nama Group subsidiaries.