| Seller ID: SA6259874549 |
| Registration Date: 01-09-2017 16:41:01 |
| Free Member / Active |
| Business Type: Energy company |
| Established Year: 1995 |
| Total Staff: |
| Achievements: |
| Category: Energy company |
| Sub Category: Electricity Services |
United Power Company (SAOG)
United Power Company (SAOG) (the "Company") was formed and registered as a joint stock Company on January 9th, 1995. The public currently owns 40% of the Company's shares while the founder shareholders own 60%. The current founder shareholders are MENA Infrastructure Fund, International Finance Corporation (part of the World Bank Group), MGEC ( Oman ) Holdings Limited, and Ministry of Defence Pension Fund of Oman. Prior to formation of the Company, the then founder shareholders were awarded, following a competitive bidding process, the concession for a project consisting of a 90 MW gas-fired power station comprising 3 open cycle gas turbines (the "Units") near Manah, to be developed on a build, own, operate and transfer (so-called "BOOT") basis, and a related network of interconnections and transmission facilities (the "ITF"), keep ("BOT") basis on land leased by the Government.
United Power Company (SAOG)
P.O. Box 147, Postal Code 134, Muscat, Sultanate of Oman 134
+968 24698498,24400600
@ info@upcmanah.com
