Renaissance Services SAOG, Oman announced in a statement that its subsidiary Tawoos Industrial Services Company SAOC (TISCO) has awarded a contract for the installation of Smart Meters across all three zones of the Muscat Governorate.
The project was awarded by Muscat Electricity Distribution Company (MEDC).
The value of the contract is OMR 9.3 million (USD 24.2 millions).
The scope includes rollout of more than 400,000 smart meters across all three zones of the Muscat Governorate.
The duration of the project is three years starting from January 2022.
Earlier, The Sultanate of Oman announed that its undertaking a 1.2 million smart meter rollout nationwide over the next five years.
The initiative, in line with the Sultanate’s Oman Vision 2040 for socio-economic development, is considered a leading national project in terms of digital transformation, with the smart meters set to replace mechanical meters, a statement mentioned.
