(MENAFN) Oman aims to start trial work for a spot market for electricity by 2019 and commercial operation in the coming year.
Furthermore, the market is a substitute route for power producers to sell electricity for the state-owned obtained firm.
Additionally, the spot market is predicted to enhance the potential for competition in Oman's power generation market.
On the other hand, plans are afoot to import and export power with other GCC states, while Oman Power and Water Procurement is working with Oman Elect.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.