Economy
Oman’s First Solar – Powered Biomethane Underway
Muscat: A state-owned wastewater management utility firm has invited investors from all over the globe to develop a Biomethane power plant coupled with Photovoltaic (PV) components, a first of its kind in Oman.
The Salalah based, Dhofar Integrated Services Company (DISC) – created out of the integration of Salalah Sanitary Drainage Services Company (which oversaw wastewater services in Salalah until recently), Directorate-General of Water (which was responsible for potable water distribution in the governorate), and Dhofar Power Company (which handled electricity distribution and supply in the governorate) – is the client and it operates under the umbrella of the Nama Group.
Unlike similar ventures — pilot and commercial-scale — that are in development and operation at various locations around the Sultanate, the proposed venture in Salalah will be procured through the Public-Private-Partnership (PPP) route. Participants will submit proposals based on the Finance Design Built Own Operate Transfer (FDBOOT) format thus, marking the first time in Oman that a biogas project is being procured via this delivery route. According to DISC, the plant will be financed, constructed and operated by the selected bidder for a fixed contractual period, following which it will be transferred to the client in a good condition, or against a pro-rata buy-back arrangement.
-
Banking & Finance1 month agoOman Oil Marketing Company Concludes Its Annual Health, Safety, Environment, and Quality Week, Reaffirming People and Safety as a Top Priority
-
News2 months agoOIG Appoints New CEO to Lead Its Next Chapter of Excellence
-
News2 months agoReport: How India & The Middle East Are Exploiting Immense Economic Synergies
-
Uncategorized2 months agoOman’s ISWK Cambridge Learners Achieve ‘Top in the World’ and National Honours in June 2025 Cambridge Series
-
Economy1 month agoPrime Minister of India Narendra Modi to Visit the Sultanate of Oman on 17-18 December
-
News1 month agoJamal Ahmed Al Harthy Honoured as ‘Pioneer in Youth Empowerment through Education and Sport’ at CSR Summit & Awards 2025
-
Economy2 months agoOman’s Net Wealth Reaches $300 Billion in 2024, Poised for Steady Growth
-
News2 months agoIHE Launches Eicher Pro League of Trucks & Buses in Oman
