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June

Abengoa concludes its first electric substation in Oman

June 19, 2017

  • The project is valued at 18 million euros and consolidates Abengoa’s role as a major player in the area.

19th June 2017 – Abengoa (MCE: ABG/P:SM), the international company that applies innovative technology solutions for sustainability in the energy and environment sectors, has successfully concluded the works of its first electric substation in Oman for the Oman Electricity Transmission Company (OETC).

The contract, valued at 18 million euros, has involved the supply, construction, test and commissioning of the electric substation Al Dreez, 132/33 kV, located 230 km from Muscat, the capital of the Sultanate of Oman.

The development of this susbstation, which is part of the OETC’s investement plans with the objective of strengthening and expanding the country's electricity grid, allows much of the energy consumed in the South-West of the country to be supplied efficiently and sustainably to more than 200,000 people living in the Al Dhahirah area.

During the whole period of the project construction, the highest standards of safety and health have been followed, with an impeccable record during the execution in which there has not been a single accident. The company was congratulated by the client for this achievement.   

Abengoa concludes its first project in Oman, where it is established since 2012, showing in this way its commitment to the country's development, where it has generated hundreds of jobs through ongoing projects, besides working in the improvement of access to electric energy for its population. Thanks to the conclusion of this contract, Abengoa strengthens its position in the Middle East market as a benchmark in the electric transmission sector, with more than 26,000 kilometers of transmission lines and almost 300 substations around the world

Abengoa is currently developing another major project for the OETC, valued at 50 million euros, which includes the construction, supply, assembly and commissioning of two substations, located in Samad and Sinaw areas, as well as over 75 kilometers of 132 kilovolts (kV) transmission lines associated to them, which poses the main technical challenge of crossing the mountainous areas of the interior of Oman.

Abengoa completes its financial restructuring and announces results for the first quarter of 2017

About Abengoa

Abengoa (MCE: ABG/P:SM) applies innovative technology solutions for sustainability in the energy and environment sectors, generating electricity from renewable resources, converting biomass into biofuels and producing drinking water from sea water.

(www.abengoa.com)

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