ONEIC bags RO11mn contract from OETC

Muscat - 

Oman National Engineering and Investment Company (ONEIC) has been awarded a RO11.11mn contract by Oman Electricity Transmission Company (OETC).

“OETC has awarded ONEIC a contract for the construction of 132kV Mirbat grid station and associated 132kV overhead line from Ashoor grid station to Mirbat grid station for the sum of RO11.11,” Rashid al Ghailani, CEO of ONEIC said in a disclosure to the Muscat Securities Market.

He added that the contract has been awarded for a period of 20 months commencing on the date of the letter of award.

ONEIC recently received a RO1.8mn contract from Majan Electricity Company for the construction of 33kV portions at Yanqul grid substation in Dhahira Governorate. The company in April also won a RO1.4mn contract by Mazoon Electricity Company for the construction of a primary substation in Rustaq in South Batinah.

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