FINANCIAL NEWS

Omani power firm to build major power plant in Oman

13 Oct 2015

(MENAFN) Omani Musandam Power Company SAOC (MPC) will construct the Musandam Independent Power Plant (Musandam IPP) in the Musandam Governorate.

As a high level official stated, the firm’s strategy comes along with the Government vision of expanding the economy resources and support the development plans.

The new plant, which is projected to be commissioned by end of 2016, is part of a chief integrated development embracing the development of Musandam Governorate.

Furthermore, the institute is expected to meet the power needs of the present and upcoming projects in the region as well as expecting to benefit the native community.

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