Oman Electricity Transmission Company (OETC) has announced it will invest $2.2 billion from 2024 to 2028. This spending will go towards 32 power transmission projects across the country. These projects are designed to modernise the national electricity grid and prepare it for more renewable energy sources.
This follows earlier spending of $1.2 billion from 2019 to 2023. The new projects will help Oman manage more electricity from solar and wind projects. They will also improve the reliability of the grid and prepare it for future energy demand.
As of 2024, renewable energy makes up 5.9% of Oman’s total electricity generation capacity. OETC plans to increase that to 32.7% by 2028. By 2040, the goal is for renewables to reach 70% of total capacity.
To meet this target, Nama Power and Water Procurement Company (PWP) will look to add over 4,000 megawatts (MW) of new solar and wind power. These projects will be developed as Independent Power Projects (IPPs) and are expected to be ready by 2029.
OETC’s Rabt project is part of this plan. Rabt will connect the northern and southern power systems in Oman. Once complete, it will allow renewable energy to be shared across more regions. This project is expected to replace 14 diesel power plants. That will reduce carbon emissions by 474,000 tonnes per year and save 175 million litres of diesel annually. This change is also expected to lower energy costs by more than $170 million each year.
OETC operates over 10,000 kilometres of high-voltage power lines across Oman. Its infrastructure includes 113 grid stations linked by 132kV, 220kV, and 400kV lines.
OETC is owned 51% by Oman’s Nama Holding and 49% by State Grid International Development Ltd, part of China’s State Grid Corporation. These projects are designed to help Oman move toward its Net Zero emissions goal by 2050.
