Nama PWP signs four power and water purchase deals worth RO500mn

Nama PWP signs four power and water purchase deals worth RO500mn

Muscat – Nama Power and Water Procurement Company (Nama PWP), the sole procurer of Oman’s power generation and water desalination capacities, has signed new power and water purchase agreements with four electricity generation and water desalination plants operating in Oman, with a total cost exceeding RO500mn. The agreements were signed on Tuesday between Nama PWP […]Muscat – Nama Power and Water Procurement Company (Nama PWP), the sole procurer of Oman’s power generation and water desalination capacities, has signed new power and water purchase agreements with four electricity generation and water desalination plants operating in Oman, with a total cost exceeding RO500mn.

The agreements were signed on Tuesday between Nama PWP and four companies: Barka 1 Independent Water and Power Plant, Barka 2 Independent Water and Power Plant, Al Rusail Power Plant, and Manah Independent Power Plant.

The official signing ceremony was held under the patronage of H E Abdulsalam bin Mohammed al Murshidi, Chairman of Oman Investment Authority. The event was also attended by Eng Ahmed bin Hamad al Subhi, Chairman of Nama Group.

Nama Group said that these new agreements complement the efforts of the government in enhancing the private sector’s role in fostering growth through strategic collaborations.

In a statement to Oman