Mubasher: Dhofar Power Company awarded Oman National Engineering & Investment Company two contracts worth OMR 1.47 million, according to a bourse filing on Sunday.
The contracts are to take effect as of 1 May 2017, the bourse filing revealed.
Earlier, Muscat Electricity Distribution Company SAOC granted the company a ten-month contract at OMR 2.039 million for constructing 3x20 MVA 33/11KV Primary substation at AL Amerat-2, a bourse filing revealed.
The company’s net profits after tax for the first nine months declined 38.82% year-on-year to OMR 932,370 from OMR 1.52 million.
