6 power and water companies to launch IPOs in next 3 years – Muscat- Oman

 As many as six power generation and water desalination companies will launch their initial public offerings (IPOs) to list on the Muscat Securities Market (MSM) within three years, according to Oman Power and Water Procurement Company (OPWP). As per their project founders agreements, Oman’s independent water and independent power projects are required to offer a minimum 35 per cent of the share capital to the public within four years of the incorporation of the company. ‚There are six power and water sector projects that will be going for IPOs within next three years. Out of these six projects, four […]

6 power and water companies to launch IPOs in next 3 years – Muscat- Oman2018-01-31T16:23:12+01:00

New water project for Jabal Akhdar – Oman

Al Jabal al Akhdar, oct 25 –

Construction is well under way on a water desalination project that will provide potable water to Al Jabal al Akhdar — an investment that will also spur tourism and economic development in this popular holiday destination in Al Dakhiliyah Governorate. The Public Authority for Electricity and Water (Diam) is overseeing the implementation of this vital project, which will go a long way in meeting the drinking water requirements of the residents of Jabal al Akhdar. Diam hosted journalists from various media organisations on a visit to Al Jabal al Akhdar for […]

New water project for Jabal Akhdar – Oman2017-10-26T09:28:38+02:00

Oman to build two mini desalination plants

Oman’s Public Authority for Electricity and Water (PAEW) has floated tenders for a pair of small water desalination plants (typically with a capacity of 1,000 to 10,000 cu m/day) to be implemented for the first time on a build-own-operate (BOO) basis.

PAEW – also known as ‘Diam’ – follows a new project delivery model adopted by the authority in 2015 that advocates a role for private investors in the development of small water schemes in isolated parts of the country, reported Oman Observer.

This is in contrast to the PAEW’s longstanding practice of procuring water desalination capacity […]

Oman to build two mini desalination plants2017-09-11T17:34:51+02:00
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