• Oman

    • Nama PWP extends its agreement with Al Rusail Power Company

    By on February 7, 2024

    Nama Power and Water Procurement (PWP) extends its agreement with Al Rusail Power Company

    Muscat: “Al Rusail Power Company SAOC – Extension of the Existing Ancillary Service Agreement.

    In a disclosure to Muscat Stock Exchange the company said: “SMN Power Holding SAOG (“the Company”) would like to inform the Capital Market Authority, Muscat Stock Exchange and the Investors’ Community that Al Rusail Power Company SAOC, 99.9% owned subsidiary of the Company, received an offer to extend the existing Ancillary Service Agreement with Nama Power and Water Procurement Company SAOC (“PWP”) effective from 04 February 2024 to 31 March 2024. The extension agreement has been officially signed with PWP on 6th February 2024.

    The Company take this opportunity to thank PWP and the Authority of Public Services Regulation (“APSR”) and the other stakeholders for their continued support and cooperation.

    The Company also would like to inform the investors that as advised previously, Al Rusail Power Company SAOC is participating in Power 2024 tender and has submitted its bid. The Company is currently awaiting the final tender outcomes and will update the investors accordingly.

    more recommended stories

    Terms of Use:

  • This website Arabian Daily is an individual’s property, not used for any commercial or sales purposes. What you see here are one’s random thoughts in action. I, by no means, endorse any product or party through this, unless stated explicitly.
  • All work you will find here is copyrighted unless stated otherwise. No part of this work can be reproduced in any way with the exception of a) if you share our work, it should link back to this website; b) if you quote any part of our work, it should be properly credited to us with a link to this website.
  • All images used on this website have been taken from open source image websites on the Internet. If any of them are copyrighted to you and you want us to take them down or add credits, please feel free to contact us here, or by using the contact form on this page.
  • The views expressed on Arabian Daily are solely ours. They do not represent any party or any particular school of thought. This website does not promote racism in any form.
  • Privacy Policy:
    This website will respect the readers’ and the writer’s privacy. We do not sell any of their personal or contact information to another company. We do not put your information on spam lists. Also, and more importantly, we are not responsible for the privacy practices of any of our advertisers or website commenters.
  • Reserve Rights: We reserve the right to change the focus on this website, to shut it down, sell it or to change the terms of use at our own discretion.