Driven by rapid industrialisation, a growing population base and state-funded investments in major infrastructure projects, demand for electricity and water has surged in Oman over the past decade. Peak power demand on Oman’s Main Integrated System (MIS) has more than doubled since 2006 and water demand has almost tripled, according to Finnish...
Responding to growing concern over traditional methods of handling municipal solid waste (MSW) that contribute to environmental and health issues, the sultanate’s state-owned waste management body, the Oman Environmental Services Holding Company – also known as Be’ah – has launched a waste management plan expected to generate investments of up...
With demand growth projections for potable water in Oman steady at 6% through to 2020, the Public Authority for Electricity and Water (PAEW), in cooperation with Nama Group subsidiary the Oman Power and Water Procurement Company (OPWP), are implementing strategies aimed at increasing capacity to meet shortfalls, particularly in the northern...
For the Omani power sector, 2015 was a year to look back and take stock. In the 10 years since market reforms were introduced, the industry has witnessed a 164% increase in supply and a 75% increase in the number of accounts.
In late 2015 in the desert of southern Oman, work is due to start on a $600m solar plant capable of producing a peak output of 1 GW of thermal energy. By comparison, the current largest photovoltaic (PV) solar plant in the world – the Solar Star project in California – produces 579 MW, or a little over half as much energy as the plant being...
Despite having different consumer patterns and a less developed domestic retail market than some of its GCC neighbours, the Omani retail sector nonetheless continues to experience stable growth, attracting investment from local and regional developers, as well as interest from leading global brands.
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