6 power and water companies to launch IPOs in next 3 years – Muscat- Oman

 As many as six power generation and water desalination companies will launch their initial public offerings (IPOs) to list on the Muscat Securities Market (MSM) within three years, according to Oman Power and Water Procurement Company (OPWP). As per their project founders agreements, Oman’s independent water and independent power projects are required to offer a minimum 35 per cent of the share capital to the public within four years of the incorporation of the company. ‘There are six power and water sector projects that will be going for IPOs within next three years. Out of these six projects, four [
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