Musandam Power Co SAOG 2024 AR2
The report details the operational and financial performance of Musandam Power Company SAOG for the fiscal year 2024. The company achieved a plant reliability of 99.9% and generated 366,801 MWh of energy, predominantly utilizing natural gas (89%) over diesel (11%). Financially, the company reported a net profit of RO 2.388 million, representing a 22.8% increase from 2023, driven by reduced operating and administrative costs. Additionally, the company advanced its corporate social responsibility initiatives by contributing to educational, healthcare, and environmental projects in the Musandam Governorate, including a plantation project with the Environmental Authority.
Company: Musandam Power Co SAOG
Sector: Utilities
Country: Oman
Year: 2024
Type: AR2
Pages: 86
Musandam Power Co SAOG
Annual Report
The report details the operational and financial performance of Musandam Power Company SAOG for the fiscal year 2024. The company achieved a plant reliability of 99.9% and generated 366,801 MWh of energy, predominantly utilizing natural gas (89%) over diesel (11%). Financially, the company reported a net profit of RO 2.388 million, representing a 22.8% increase from 2023, driven by reduced operating and administrative costs. Additionally, the company advanced its corporate social responsibility initiatives by contributing to educational, healthcare, and environmental projects in the Musandam Governorate, including a plantation project with the Environmental Authority.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
Feb 9, 2025
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
No data available