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Galfar Engineering wins tender worth OMR 17.8m

Galfar Engineering wins tender worth OMR 17.8m
(Photo Credit: Company website)
Galfar Engineering
GECS
-0.60% 0.17 -0.00

Mubasher: Galfar Engineering and Contracting has been awarded a tender worth OMR 17.8 million ($46.09 million) by Oman Electricity Transmission Company.

The tender relates to the construction of Birkat Al Mouz and Sumail Industrial power stations, according to a filing to the Muscat Securities Market (MSM).

The completion period is 24 months, in addition to 6 weeks for mobilization.

Galfar expects to generate a reasonable income from this project.