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Voltamp Energy signed a land lease agreement in Sohar Freezone, Oman, to establish a transformer manufacturing facility with an estimated investment of 20 million Omani rials ($52 million). The first phase is expected to be completed during 2027, with initial capacity of 5,000 MVA.
“Oman-based Voltamp Energy has signed a land lease agreement in Sohar Freezone to establish a transformer manufacturing facility with an estimated investment of approximately 20 million Omani rials ($52 million).”tradingview.com
Summarized from public sources; check the original articles before acting on it.