Muscat: The Special Economic Zone Authority at Duqm (SEZAD) has announced becoming the Authority responsible for Regulating the Electricity and Related Water Sector within the Special Economic Zone at Duqm (SEZD).
In a press statement, SEZAD reported that it has been granted the powers of the Authority for Electricity Regulation prescribed in the Law for the Regulation and Privatization of the Electricity and Related Water Sector promulgated by the Royal Decree (78/2004).
Accordingly, SEZAD has reissued the license granted to the Rural Areas Electricity Company (Tanweer) to carry out the activities of generation, transmission, distribution, export, import and supply of electricity as well as the production of desalinated water related to electricity generation and the operation of the central control system within SEZD, with effect from 1st of January 2020.
Read More
- Bank of Beirut to exit Oman after 20 years, depositors given 60 days to settle accounts
- Omantel’s Otech, DeepAstra launch sovereign AI platform in Oman
- Oman’s oil prices slide below $92 as global markets rebound
- With the new school year approaching, plan for your child’s education with BankDhofar
- Nifty, Sensex end lower as Iran sanctions, high crude and rising bond yields weigh on sentiment
In this statement, SEZAD advised that a dedicated independent department, “Electricity and Water Regulatory Department” has been established to take over the relevant duties. Therefore, SEZAD calls upon investors, subscribers and public to contact the concerned department shall they have any inquiries or complaints regarding electricity services.
To keep pace with the different aspirations of investors in light of the continuous growth of the investment, SEZAD always strives to enhance the quality of electricity and water services offered in the Special Economic Zone at Duqm.
