United Power awaiting decision of regulatory authority on the future of the company
United Power, the first independent power company in Oman set up under the build, own, operate and transfer (BOOT) scheme, is awaiting the outcome of a study undertaken by the regulatory authorities, which will determine whether it could continue operations beyond 2020. The company will continue to run both, phase one and two units, until 2020, at which time, the plant assets will be handed over to the government, according to management discussions and analysis report of the United Power Company. The company has a power generation capacity of 260-270 megawatt at Manah. (Times of Oman)
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