Mubasher: Majan Electricity Company (MEC) has awarded to Oman Investment and Finance (OIFC) the contract for meter reading and bill delivery, bill printing and disconnection/ reconnection services for electricity and water for entire Majan designated areas.

The four-year contract is valued at OMR 13.176 million, according to a bourse statement.

 The official communication received from MEC which was dated 29 December 2016.

OIFC is expected to make reasonable profit from this contract.