A subsidiary of Oman Investment Fund (OIF), a sovereign wealth fund of the Sultanate of Oman, Majis has invited competent developers to bid for its contract for the design, supply, installation, testing and commissioning of a grid-connected 1.3 MWp (megawatt-peak) per day capacity solar power plant. The deadline for submission of bids is January 22, 2019.
Majis has cited the introduction of Cost Reflective Tariffs (CRT) — higher tariffs applicable to large government, industrial and commercial consumers of electricity that came into force from January 2017 — as the primary motivation behind the decision to invest in solar-based electricity generation capacity.
A leader in industrial water services, Majis has invested tens of millions of Omani riyals in well-diversified water services infrastructure that is indispensable to the successful operation of industries and factories located within the Sohar Industrial Port Area (SIPA) and the adjoining Sohar Freezone.
Source Link: www.omanobserver.om