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Business

Imtidad opens new alternatives for Omani renewable corporations

spsingh
Last updated: June 29, 2026 6:03 pm
By spsingh
4 Min Read
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Imtidad opens new alternatives for Omani renewable corporations
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MUSCAT, JUNE 29

MUSCAT: Oman’s newly introduced Imtidad neighborhood sun programme is developing new trade alternatives for native renewable power corporations and producers because the Sultanate expands the usage of blank electrical energy whilst encouraging better participation via small and medium-sized enterprises (SMEs).

Introduced final week via the Authority for Public Services and products Legislation (APSR), in partnership with Nama Team and licenced electrical energy corporations, the programme lets in families and companies to have the benefit of solar power with out putting in panels on their very own homes. As an alternative, subscribers acquire stocks in grid-connected neighborhood sun stations and obtain credit on their electrical energy expenses in accordance with the electrical energy generated.

The initiative has additionally introduced in combination a number of Omani corporations around the renewable power price chain, highlighting the rising functions of native companies in engineering, production and blank power answers.

Inexperienced Universe Undertaking (GUE), an Omani SME, was once decided on thru a aggressive soft carried out via Nama Distribution Corporate to ship the primary section of the challenge. Sumaya Al Rawahi, CEO – GUE mentioned the corporate met each the technical and business necessities of the analysis, including that the soft was once designed to be carried out via an Omani SME.

In line with Al Rawahi, the broader Imtidad programme is a government-led neighborhood initiative concentrated on faculties, hospitals, houses and different authorities entities, with the purpose of extending renewable technology around the neighborhood.

Omani producer Voltamp Power additionally participated within the challenge via supplying the specialized inverter-duty transformers that attach the sun plant to the electrical energy community. Issa al Maskari, Trade Building Supervisor for america and EMEA at Voltamp Power, mentioned the transformers have been constructed to perform for 25 to 30 years in harsh environmental prerequisites, supplied they have been correctly maintained.

“We are confident our transformers should seamlessly perform on the grid at 30 years with no catastrophic failures,” he mentioned, including that carrier lifestyles may just lengthen past 50 years with common upkeep.

Muscat-based Nafath Renewable Power is one of the native corporations that can be competing within the upcoming initiatives underneath the Imtidad programme. Nasr al Nasseri, Trade Building Officer at Nafath mentioned: “Nafath handled projects end to end, beginning with a comprehensive feasibility study before moving through design, execution, commissioning and maintenance. Each installation is linked to a monitoring system that tracks daily, monthly and annual output and lets clients view real-time performance data.”

The Imtidad type is designed to expand participation in renewable power via permitting customers to have the benefit of sun technology with out proudly owning or keeping up the infrastructure themselves. APSR says the means will lend a hand maximise underutilised land, scale back electrical energy prices for individuals and beef up the Sultanate’s blank power transition underneath Oman Imaginative and prescient 2040.

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