Knowledge Oasis Muscat (KOM), the technology arm of the Public Establishment for Industrial Estates (Madayn), has signed an agreement with Solar Wadi Company to establish a Solar PV Power Plant with a capacity of 1.4 MW.
This plant, costing approximately $1 million (RO 500,000), will be installed and operational within a year at KOM, with a 25-year contract for installation, operation, and maintenance.
This agreement aligns with Madayn’s objective to promote clean energy and contribute to the Sultanate’s efforts to achieve net-zero emissions by 2050.
According to the statement, “Madayn is continuously working towards creating a dynamic live-work-play environment model while ensuring environmental preservation, particularly in the industrial sector. In collaboration with its partners, Madayn is committed to raising awareness among investors in various industrial cities, encouraging the adoption of safe, sustainable, and innovative alternative sources.”
Madayn also focuses on several key areas, including managing hazardous and non-hazardous waste, controlling liquid waste disposal into marine environments, reducing emissions of air and noise pollutants, ensuring proper handling and usage of chemicals (including storage, transportation, and loading), storing hazardous materials, safely demolishing buildings and disposing of asbestos, mitigating land pollution, and optimizing water and energy consumption.
Earlier this month, Madayn signed an agreement with Sadad Electronic Payment Gateway, aimed at introducing electronic payment services for investors and business owners. Through this partnership, investors and business owners will gain seamless access to Sadad Gateway’s comprehensive payment platform, ensuring secure and efficient transactions within the Sultanate.
