Utico will soon be opening an office in Muscat to pursue sustainable utilities development in Oman across sectors such as renewables and conventional as an offset for carbon footprint.
“Our interest is to deploy our development model in Oman as an enabler and facilitator for improved consumer tariffs, economic contribution and for generating employment opportunities. This will have a good impact especially in these challenging market conditions,” said Mr. Richard Menezes, CEO of Utico.
In a statement at the Oman Energy and Water Conference and Exhibition, Utico said it will also roll out its unique `On Demand’ utilities strategy in Oman similar to the shared access economy model adopted by companies like Uber, bringing billions worth of savings to public entities and consumers as well.