Latest news with #NamaGroup


Observer
41 minutes ago
- Business
- Observer
Oman's first renewable energy storage project imminent
MUSCAT: The Sultanate of Oman is making significant efforts to implement green energy projects, as "Oman Vision 2040" aims for these projects to contribute nearly 30 per cent of the country's total electricity generation by 2030. Eng Salim bin Nasser al Aufi, Minister of Energy and Minerals, revealed that five to six new renewable energy projects — focused on wind and solar power — will commence this year, with particular emphasis on wind energy due to Oman's strong potential in this sector. Eng Salim bin Nasser al Aufi, Minister of Energy and Minerals Al Aufi noted that these projects will be located in various sites where wind energy has been measured, mostly in the Al Wusta and Dhofar governorates. They are expected to begin production by the end of 2027, generating over 2,000 megawatts. He affirmed that the Ministry of Energy and Minerals is collaborating with its partners in Nama Group and the Authority for Public Services Regulation to explore the best methods for storing renewable energy, whether through conventional or innovative approaches applicable in Oman. He also confirmed that an announcement regarding Oman's first renewable energy storage project will be made soon. The minister added that these projects will strengthen Oman's transition to renewable energy while creating vast opportunities for industries reliant on clean and sustainable power. He highlighted that Oman has already launched the "Manah 1" and "Manah 2" renewable energy plants, with a combined capacity of around 1,000 megawatts. Initial results indicate that each plant is producing over 500 megawatts, exceeding expectations. Furthermore, he explained that the Ministry of Energy and Minerals, the Ministry of Transport, Communications and Information Technology; and Petroleum Development Oman (PDO) are working to establish a hydrogen pathway by setting up production and supply stations within concession areas. This initiative aims to use hydrogen as fuel for trucks operating between these zones. — ONA


Times of Oman
8 hours ago
- Business
- Times of Oman
Oman to generate 30% of power from renewables by 2030
Muscat: Oman is making significant strides in implementing green energy projects, aiming to generate around 30% of its total electricity production from renewable sources by 2030, in line with Oman Vision 2040. Eng. Salim bin Nasser Al Aufi, Minister of Energy and Minerals, revealed that five to six new renewable energy projects utilising wind and solar power will begin this year, with a strong focus on wind energy due to Oman's favourable conditions for wind-powered electricity generation. Speaking to Oman News Agency, he stated that these projects will be established in locations where wind energy measurements have been conducted, primarily in Al Wusta and Dhofar governorates. They are expected to be operational by the end of 2027, producing over 2,000 megawatts of electricity. The Ministry of Energy and Minerals is collaborating with Nama Group and the Authority for Public Services Regulation to explore the best ways to store renewable energy, whether through conventional or innovative methods tailored to Oman's needs. A formal announcement regarding the first renewable energy storage project in the Sultanate is expected soon. Eng. Al Aufi emphasised that these projects will strengthen Oman's transition to renewable energy and open new opportunities for industries reliant on clean energy. Oman has already inaugurated the 'Manah 1' and 'Manah 2' renewable energy stations with a combined capacity of approximately 1,000 megawatts. Initial results indicate that each station has exceeded expectations, producing over 500 megawatts. Furthermore, the Ministry of Energy and Minerals, along with the Ministry of Transport, Communications, and Information Technology and Petroleum Development Oman, is working on establishing a hydrogen transport corridor. This project involves developing hydrogen production and refuelling stations within concession areas to supply hydrogen as fuel for trucks operating in these regions.


Zawya
3 days ago
- Business
- Zawya
Oman: Nama initiatives, installment plans for some consumers
Muscat: The Nama Group Electricity Companies announced several new facilities for consumers, including the "Yusr" Service that offers installment plans for those facing difficulties. 12-month monthly payment plan, top-up in times of need via the Nama app, and fixed payment amount in summer or winter. The companies have 1.35 million subscribers across the Sultanate of Oman (excluding Dhofar Governorate), while the project of smart meter installations has achieved a 75 percent target. The projects to be launched include the electronic transaction tracking system, AC Maintenance (Phase 1), smart electrical load management, and daily consumption display via mobile app. automatic top-up of prepaid meters. In Dhofar, more than 84% of electricity meters have been replaced with smart meters. 2022 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. (


Zawya
3 days ago
- Business
- Zawya
Oman: Nama subsidiaries unveil major initiatives for enhanced utility services
MUSCAT: Two key subsidiaries of the Nama Group — Nama Electricity Supply Company (NESC) and Nama Dhofar Services — in a media briefing held on Tuesday, May 27, unveiled their latest initiatives and strategic projects aimed at enhancing customer experience, promoting sustainability, and supporting Oman Vision 2040. The CEO of Nama Electricity Supply Company, Salim Said al Kamyani, outlined several major projects planned for 2025. Among them is the rollout of an advanced digital system allowing customers to track transactions in real time, view daily consumption through the mobile app, and automatically recharge their prepaid accounts. New features such as load management and real-time consumption tracking under the 'Sabiq' service will empower users to better control electricity usage. As part of its corporate social responsibility, NESC also launched the first phase of its Air Conditioner Maintenance Initiative to improve AC efficiency and reduce electricity bills. Complementing these efforts is the 'Sahalat' campaign, offering flexible payment options including: Thabit: A fixed monthly bill payment plan. Yusr: Monthly installment plans for customers with outstanding dues. Sabiq: A prepaid option with real-time monitoring for smarter energy use. Meanwhile, Nama Dhofar Services presented its 2024 achievements and future plans during the same media event. CEO Ali Issa Shamas announced large-scale infrastructure projects, including the RO 27 million Ashour desalination plant and a RO 35 million expansion of the wastewater treatment plant. The company also reported strong operational results: 99.7% water network reliability, over 22 million cubic meters of high-quality recycled water produced, and more than 56% of treated water reused. In electricity services, 84% of meters have been upgraded to AMR systems, supported by the launch of 33 e-services and electronic billing for customer convenience. Tenders worth RO 137 million were awarded for various service and grid expansion projects, including rural electrification aimed at replacing diesel generators and enhancing carbon neutrality. Human resource development was also highlighted, with 40,000 training hours recorded and a zero lost-time injury rate maintained since 2018. Customer satisfaction reached 75%, with 98% of complaints resolved. The company also launched innovative community programs such as the Nama Dhofar Services Hackathon and 'Nama Dhofar Memory' to strengthen documentation and knowledge management. These announcements underscore Nama Group's collective commitment to sustainable growth, enhanced utility services, and alignment with national development goals. 2022 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. (


Zawya
3 days ago
- Business
- Zawya
Oman-Yemen power grid interconnection under study
MUSCAT: Well-known international energy sector engineering services consultancy firm Monenco has announced that it has secured a contract from Omani authorities to study the feasibility of interconnecting the power grids of Oman and Yemen. The client is Oman Electricity Transmission Company (OETC), the majority state-owner and operator of the Sultanate's national grid. OETC – part of Nama Group – also manages interconnectivity with the grids of neighbouring countries via the Gulf Cooperation Council Interconnection Authority (GCCIA), a joint initiative by member states of the GCC to support electricity exchanges. 'We're proud to announce that Monenco Oman has been awarded the highly strategic Oman–Yemen Power Grid Interconnection Project by Oman Electricity Transmission Company (OETC) under Tender No. 15/2025,' Monenco noted in a recent post. 'Monenco will be responsible for delivering the feasibility study, engineering services, and full supervision during implementation up to successful energization. This project is a major step toward enhancing energy security and fostering regional power connectivity across the Arabian Peninsula and the wider GCC region,' the company further added. The initiative aligns with an ongoing bid by Oman to explore grid interconnectivity with all of its neighbours with which it shares a land border, as well as with Iran across the Strait of Hormuz. On Tuesday, the Sultanate signed a Memorandum of Understanding (MoU) with Iran to review a feasibility study of a grid interconnection project between the two countries. The MoU was among 18 cooperation pacts inked by the two countries during the official visit of Iranian President Masoud Pezeshkian to Muscat. Signing on behalf of Oman was Eng Salim bin Nasser al Aufi, Minister of Energy and Minerals, while Iran was represented by Seyed Mohammad Atabak, Minister of Industry, Mining, and Trade. Meanwhile, linkages between Oman and the GCCIA network continue to expand and strengthen. According to OETC, a new 400kV direct transmission line between Oman and the GCCIA network is currently in the design stage. 'This new line will establish a vital link between the OETC Ibri IPP and the Silaa grid stations (in the UAE), with the project scheduled for completion in Q1 2027. The interconnection will enhance the reliability and resilience of the transmission system by increasing the total transfer capacity between Oman and the GCCIA networks to 1,700MW, strengthening regional grid integration, supporting the energy transition and improving energy security,' OETC affirmed in its recently published Transmission Capability Statement. As part of the new direct link GCCIA will build and own a new 400kV grid station at Ibri, not far from the existing Ibri IPP grid station. This new Ibri GCCIA 400kV grid station will be connected to the Silaa 400kV grid station owned by GCCIA with total overhead-line length of about 528 km (88.2 km from Ibri GCCIA 400kV to the border and 470 km from the border to Silaa and introducing a middle point station at UAE). Importantly, the new direct link builds on an existing interconnection between Oman and the GCCIA network, which has been operational since November 2011. It connects Mahadha grid station at Al Wasit in Oman with the Al Oha grid station at Al Ain in the UAE. In 2024, Oman exported 775,637.38 megawatt-hours (MWh) and imported 63,948.41 MWh through the existing GCCIA interconnection, 'reflecting a robust interconnection and mutual support within the region's energy sector,' OETC remarked. 2022 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. (