VOL. XLVI

No 30

28-July-2003

OMAN

Government To Sell 65% Of New Power Transmission Company

The Oman government plans to sell initially 65% of the shares in the power Transmission and Distribution Company (Transco) that is under formation to the private sector, an official said on 10 July. In time, Transco will be fully owned by the private sector as part of a process that will see the whole electricity generation/transmission/distribution industry taken out of government hands. The official said...