• Oman

    • Muscat Electricity Distribution extends electricity bills collection contract with OIFC

    By on June 4, 2023
    OIFC
    OIFC

    Muscat: Muscat Electricity Distribution extends electricity bills collection contract with OIFC until 30 June 2023.

    In a disclosure to Muscat Stock Exchange  OIFC said “We are pleased to inform our shareholders that Muscat Electricity Distribution Company SAOC (MEDC), as per its letter dated 24 April 2022, has extended its electricity bills collection contract with OIFC until 30 June 2023. The contract value is determined upon the actual number of transactions conducted through the collection channels of OIFC. 

    OIFC expects to make a reasonable profit out of this contract, said in the statement 

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