Browse
related articles
Oman's RAECO to set up solar, wind pilot project
- Oman: Tuesday, April 02 - 2013 at 08:21
Oman's Rural Areas Electricity Co (RAECO) is in advanced talks with local private firms to build a solar and a wind power project as pilot ventures in Mazyona and Masirah, in a move to test the efficiency of the technology in the sultanate, Times of Oman has reported. The 350kW-capacity solar project in Mazyona is to be developed as an independent power project by a private investor, said the chief executive of RAECO, Hamed bin Salim Al Magdheri. We are now finalising documentation work for signing the agreement with the private investor," said Al Magdheri. "We have already selected the location and is negotiating with a private investor," he added.
Related Content
Article Options
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
