Oman needs USD8bn in power-sector investment by 2020, says Apicorp
The rising demand for electricity will require Oman's power generation capacity to grow at an annual rate of 9.6% over the next five years and the country will need to add 4.8GW capacity by 2020, involving an investment of USD8bn, according to Arab Petroleum Investment Corporation (Apicorp). According to Apicorp estimates, Oman will need USD6bn investment in power generation and USD2bn in transmission and distribution during the 2016-20 period. (Muscat Daily)
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