Oman Electricity Transmission Company (OETC) has signed three agreements with Saudi Arabia’s Gulf Cooperation Council Interconnection Authority (GCCIA) to support power exchange and trading arrangements between the two sides.
The agreements were signed in the presence of main stakeholders and representatives from OETC and GCC Interconnection Authority.
GCCIA is a joint-stock company subscribed by the six GCC states. Its mission is to maintain a resilient interconnection grid ensuring power security and economic benefits to the GCC states.
The Saudi company endeavors to maintain and continually improve the operational effectiveness, reliability, and availability of the Interconnector through active mentoring, effective training, and successful implementation of the Quality Management System.
According to OETC, the first agreement stipulated the exclusive rights to use the electrical interconnection assets.
The company said in a statement that “the agreement deals with the mechanisms of owning, operating, and maintaining the 220kV electrical interconnection assets in Oman on behalf of the GCC Interconnection Authority.”
The second agreement provides the provision of operating and maintaining services for the electrical link whereby OETC will manage the link entirely. The GCC Interconnection Authority has the exclusive right to use the assets of the electrical link in case of an emergency.
The third agreement was signed for the operation of the electrical link between the two parties, OETC further added.
Oman Electricity Transmission Company (OETC)
Oman Electricity Transmission Company (OETC) has a vital role in the Oman Electricity Sector, as it owns and operates the main transmission network as well as the transmission network in Dhofar through which electricity is transmitted from the generating stations to the distribution load centers in all governorates of the Sultanate.