Oman appoints advisers to support utility privatisation

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Oman’s Nama Holdings has appointed advisors to guide in privatising a quantity of its subsidiaries in the energy sector.

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Oman is going to privatise its energy sector

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Nama Holdings is a authorities-owned holding enterprise of Nama Team, which generates and manages offer of ability and drinking water in the place, and is the parent of Oman Electric power and Water Procurement Organization (OPWPC).

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The advisory team is led by London Economics, British isles, which will provide financial assistance, and Lazard Freres of France, which is to take care of the money transactions. 5 other firms will be a part of them in furnishing services to support the privatisation programme.

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Nama Team comprises 11 joint stock companies registered in Oman, together with Dhofar Electric power Organization, Al Gubrah Electric power and Desalination, Wadi Al Jizzi Electric power, and OPWPC.

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Note: This tale was updated on 25 January 2017 to reflect that the privatisation influences companies in the electricitiy sector, and not in the drinking water sector.

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Oman’s desalination journey:&#13

Fisia Italimpianti and companions safe Oman desalination task (January 2018)

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Oman tenders for advisory services on desal plant (August 2017)

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