News
  • The business year- Oman

    SALEH NASSER MAJID AL RUMHI

    CEO

    Rural Areas Electricity Company (RAECO)

    Renewables are the future, and either solar or wind energy could be a savior for our peak electricity planning. RAECO is starting to gear ourselves up in that direction. We are working to optimize the cost of energy and maximize the use of renewables. We have signed up with Masdar in the UAE to develop the Dhofar Wind Project, a 50-MW wind farm, which is currently in the mobilization phase. Construction will take two years, and we expect the project to be operational by the end of 2019. It will contribute to environmental protection and save 110,000 tons of CO2 emissions. RAECO is the first mover when it comes to solar energy as well. We initiated the first project in the country for solar called Al Mazyonah in 2015, and since then it has been generating through a PPP and power purchase agreement (PPA); we procure per kilowatt hour from it. For Dhofar, we will operate the wind farm and sell the electricity to the grid. We are also looking at villages and considering how we could use solar power. We seek to reposition the company to become an expert in renewable energy.

  • Nama Group, Rural Areas Electricity Company boards, executive management visit Masirah

    As part of Rural Areas Electricity Company`s continuous efforts to improve the level of services and the continuous expansion in the delivery of electricity services, Nama Group Board of Directors, Rural Areas Electricity Company Board of Directors and the executive management team visited Masirah to overview the services, existing projects and future plans provided by the company in the wilayat, with the participation of Hassan bin Mohammed al Lawati, chairman of the Board of Directors of Electricity Holding Company, Sheikh Faisal bin Khamis al Hashar, chairman of the Rural Areas Electricity Company, eng Omar bin Khalfan al Wahaibi, Nama Group CEO, along with the executive management team.

    The forum includes a visit to Masirah Customer Services office, Desalination Plant, New Masirah Power Plant and the Electricity Transmission Station in Shaqaf area as well as to the other sub stations in Nahda and Ras Half.

    Eng Saleh bin Nasser al Rumhi, chief executive officer of Rural Areas Electricity Company, said, “The Board and the management are always keen on conducting field visits on a continuous basis to all the governorates under its franchise to view the progress of work and the challenges facing the projects implemented. They also view the services provided by the company and the future needs.”

    He also explained that their visit comes to complement the follow-up of existing projects, through a detailed explanation on the projects development phases, the volume of production and challenges encountered during the completion. He added that field visits are one of the most important means to identify the requirements of these projects and the mechanisms of supervision, control of project implementation, management, etc.

  • RAECO Achievement

  • RAECO signs two agreements for Dhofar wind power project

    Muscat -

    Rural Areas Electricity Company (RAECO) on Tuesday signed two agreements for the Dhofar wind power project which is expected to generate electricity for 16,000 houses.

    At InterContinental Muscat, RAECO signed a power purchase agreement with Oman Power and Water Procurement Company, and a power connection agreement with Oman Electricity Transmission Company.

    Eng Saleh bin Nasser al Rumhi, CEO, RAECO signed the agreements. While Eng Yaqoob al Kiyumi, CEO, signed the agreement on behalf of Oman Power and Water Procurement Company, Eng Masood al Riyami, COO, signed the pact for Oman Electricity Transmission Company.

    The engineering, procurements and construction works have been awarded to Abu Dhabi Future Energy Company. The 50MW wind energy project will be based in Fetkheet in the wilayat of Shaleem and Halaniyat Islands in Dhofar.

    Eng Rumhi said, “The sultanate has made its best efforts over the past years to make use of its natural elements to generate energy. Today, we are celebrating the launch of a project which, I’m sure, will be followed by many more.”

  • Reefiah Football Championship (Dhofar)

    Regional Office in Dhofar governorate organized the First Reefiah Football match between company`s employees, in the presence and support of Regional Customer Service Manager in Dhofar with number of employees and their children. The competition was between three teams from RAECo areas: Saih Al-Khairat, Shahab Asaib and Al -Mazyona.

    The goal of the competition is to create an atmosphere of friendly environment among employees and encouragement of exercise to maintain health, mental and physical activity.

      


     

     

        

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