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Oman's restructured water, wastewater sector to drive efficiency


Oman’s restructured water, wastewater sector to drive efficiency
Published: 8:05 PM, May 28, 2021
Haya Water - wastewater
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KEY CHANGES: The policymaker for the restructured water and wastewater sector is the Ministry of Agriculture, Fisheries and Water Resources (MAFWR), while the regulator being Authority for Public Services Regulation (APSR)
CONRAD PRABHU
@conradprabhu
The establishment of two new entities to oversee water and wastewater services in the Sultanate will help ensure efficiency and sustainability in the operation of the two sets of networks, according to Nama Group, the government holding company under whose auspices the new subsidiaries have been created.
Oman Water and Wastewater Services Company (OWWC), the latest addition to Nama Group’s sizable portfolio of state-owned subsidiaries, will oversee water and wastewater services across the Sultanate, with the exception of Dhofar Gover ....

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Nama Group revenue climbs to RO 1.31 bn in 2020


Nama Group revenue climbs to RO 1.31 bn in 2020
​​​​​​​Electricity supply dips 1.9pc due to pandemic, economic downturn impacts
Ghada Mohammed al Yousef
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Nama Group, the holding company of government-owned assets in Oman’s electricity and related water sector, reported a 4.77 percent increase in revenue last year, which climbed to RO 1.31 billion in 2020.
Profit After Tax increased 12.29 per cent to RO 67.82 million, while revenue towards electricity subsidy dipped 1.5 percent to RO 615 million. Total assets of the Group reached RO 6.75 billion in 2020.
The figures were disclosed by Ghada Mohammed al Yousef, Executive Manager, Group Communication and Sustainability, at the annual press briefing of the Group on Tuesday. The briefing was attended by Eng Omar al Wahaibi, CEO of Nama Group, as well as CEOs of Nama Group subsidiaries. ....

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