Tuesday, December 6 2022 Sign In   |    Register
 

News Quick Search


 

News


Front Page
Power News
Today's News
Yesterday's News
Week of Dec 05
Week of Nov 28
Week of Nov 21
Week of Nov 14
Week of Nov 07
By Topic
By News Partner
Gas News
News Customization
Feedback

 

Pro Plus(+)


Add on products to your professional subscription.
  • Energy Archive News
  •  



    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    ADQ, OIA to pursue wind, solar, hydrogen investments in Oman


    September 29, 2022 - SeeNews Renewables

     

      September 29 (Renewables Now) - Abu Dhabi-based investment company ADQ and Oman Investment Authority (OIA) have identified preliminary investments worth over AED 30 billion (USD 8.16bn/EUR 8.42bn) in new projects across Oman in areas such as hydrogen, solar and wind, green aluminum and steel and others.

      The two parties agreed to proceed with feasibility studies on the projects in targeted sectors, the state-owned OIA said on Wednesday.

      Apart from the aforementioned areas, investment opportunities were discovered also in the water and electricity production and transmission lines, food, health and pharmaceuticals, transportation and services, and infrastructure and logistics.

      The discussions on the potential for investments in the sultanate took place on the sidelines of the visit of UAE's president Sheikh Mohamed bin Zaid and his meeting with Sultan Haitham bin Tariq.

      OIA's president Abdul Salam Al-Murshidi pointed out that this reflects OIA's efforts to attract foreign investments to the sectors identified by the 10th Five-Year Development Plan which is "expected to make significant strides in economic diversification and increase the total income of the Omani economy".

      (AED 1.0 = USD 0.272/EUR 0.280)

    TOP

    Other Articles - International


    TOP

       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.