ONEIC Oman awarded $55.3 million 400kV Substation Contract

Oman National Engineering & Investment Company SAOG (ONEIC) announced in a statement that it has awarded a contract for construction of 400kV Ibri Substation.

The value of the contract is OMR 21.3 million (USD 55.3 million).

The Project was awarded by Oman Electricity Transmission Company SAOC. The duration of the Project is 24 months.

The company stated that, this project are part of several significant strong projects which has been awarded to the company in an innovative manner and achieved successes and technical leaps in building expertise in the field of engineering specialization, where ONEIC anticipates generating substantial revenues through this project.

Read Also: ONEIC Oman awarded $109 million 132kV OHTL Contracts

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