Muscat Electricity plans $430m network investment
Distribution firm planning massive spend to support increased demand
Muscat Electricity Distribution Company (MEDC) is reportedly looking to invest around US $430 million into plans to support the Muscat network’s increasing energy demand, according to The Muscat Daily. The firm, in association with Oman Electricity Transmission Co, is reportedly initiating ambitious plans for 2012-14 to support a growing grid load.
Under the scheme, MEDC will invest substantial funds in high and low voltage networks to meet residential energy needs, as well as bolstering existing distribution networks in Seeb, Amerat and Bausher.
The report also says that MEDC CEO, Abdullah bin Said al Badri, has said that his firm is preparing a strategy to deal with complaints over meter readings and delayed bills. The firm has recently launched a self-reading service, as well as starting to look at offering customers prepaid counters to deal with their bills.