OIA announces completion of project to restructure supply, distribution companies in electricity sector

Muscat: The Oman Investment Authority (OIA), has announced the completion of a project to restructure the distribution and supply companies in the electricity sector of the Sultanate of Oman.

The completion of the project resulted in the merger of the electricity distribution and supply companies of the Nama Group into two companies which are:

- Nama for Electricity Distribution

- Nama for Supply

This comes as an implementation of government directives to restructure the electricity sector companies, and in line with directions to improve spending, reduce operational costs, and raise efficiency.

"Nama Electricity Distribution" is specialised in meters and low-voltage networks, including the construction of lines and transformers. "Nama for Supply" is concerned with billing and collection operations.

It is hoped that the merger project will contribute to improving the performance of electricity companies, improving their services, reducing their operational costs, facilitating subscribers, and saving time and effort through the “Unified Services Center for Nama Group”, which is an integrated service window for electricity and water under one umbrella for all subscribers.