Dhofar Power, Salalah LPG sign two agreements

Business Wednesday 15/May/2019 20:48 PM
By: Times News Service
Dhofar Power, Salalah LPG sign two agreements

Muscat: Dhofar Power Company and Salalah Liquefied Petroleum Gas (SLPG) have signed agreements for the supply of electricity.
As electricity is one of the main components towards achieving the project’s objectives, Dhofar Power Company, a member of Nama Holding, signed the power supply and delivery agreements with Salalah LPG - a member of the Oman Oil Company and Orpic Group.
The agreements were signed by Ali bin Issa Shammas, Chief Executive Officer of Dhofar Power Company, and by Sultan bin Hamad Al Burtmani, Acting Executive Managing Director of Oman Gas Company, on behalf of SLPG.
The first agreement ‘Electricity Supply Agreement’ entails the agreed commercial terms and conditions regulating the supply of electricity to the project.
The ‘Delivery Agreement’ provided for the technical conditions and specifications of the electrical network supplying the project. It also specified the points of connection between the electrical networks of the Dhofar Power Company and that of SLPG.
The agreements are expected to propel their projects, and in-turn boost the national economy by helping the growth of the manufacturing sector in the governorate of Dhofar.
It is worth noting that Salalah LPG project has achieved more than 60 percent of its construction phase and is expected to be on stream in the third quarter of 2020.