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Oman’s RAECO to invest OR391m boost power generation

: Tuesday, May 20 - 2014 @ 01:36

Oman’s Rural Areas Electricity Co (Raeco) has unveiled plans to invest OR391m to increase power generation capacity by 336 megawatt in the next five years to meet the power demand of 15,000 households and other customers, Times of Oman has reported. Of this, around 90 megawatt power will come from renewable energy projects, especially solar energy, said Raeco chief executive, Hamed bin Salim Al Maghderi.

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Tuesday, May 20- 2014 @ 1:36 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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