Recording link of Live Interactive Discussion Session – Financial Statements for the year 2022
March 7, 2023Nominees for Board Members in Annual General Meeting
March 13, 2023Corporate Social Responsibility Report
Corporate Social Responsibility Report
Al Batinah Power Company SAOG (the "Company") considers corporate citizenship as a key element of the business success. Striving to ensure that the Company has a positive impact on people and the country, the Company allocated 50,000 OMR for the CSR initiatives for the year 2023, as summarized in the table below:
|
Project Description |
Amount (RO) |
|
10,000.000 |
|
28,947.482 |
|
5,000.000 |
|
5,000.000 |
|
Total |
48,947.482 |
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Oman Charitable Organization
The Company contributed 20% of its CSR budget to Oman Charitable Organization as per the Ministry of Commerce, Industry, and Investment Promotion decision number 205/2021.
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PV Solar system at Al Mawred School at Wilayat Adam
Al Batinah Power Company SAOG has signed an agreement to install and commission a PV solar system at Al Mawred School of Ministry of Education at Wilayat Adam. This solar rooftop project will provide the power of 79 kWP using photovoltaic technology.
This solar PV project was realized in the framework of our CSR programs and had 3 main objectives:
Economical:
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To supply the school with the required electricity with zero OMR/Year.
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To support small and medium Omani enterprises in the renewable energy sector (Green Energy).
Educational:
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To educate and increase the awareness of students about the working principle and advantages of solar energy projects.
Relationship:
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To improve the Company's positive relationship and reputation with the government of Oman and the local Community.
Goals and Vision:
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To comply with the Company and Oman 2040 Vision for decarbonization.
During 2023, the procurement process is already completed. The installation works are in progress with 23% completion. The solar facility is expected to be fully commissioned in Q1 2024.
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Aquaponics farming system & Installation of Solar Panels to operate the Aquaponic systems
In collaboration with Al Suwadi Power company SAOG and SMN Power holding SAOG, this CSR initiative focuses on implementing an Aquaponics farming system for the Mawala bin Shams basic education school in the South Al Batinah governate. The project involves the creation of two fish farming ponds to raise fishes, with the waste generated from these fishes utilized for the development and maintenance of a greenhouse. A fish manure analyzer will be employed to convert ammonia into nitrate fertilizer, facilitating plant growth. The contract for this initiative was finalized and awarded based on the recommendation of the Ministry of Education. The entire allocated amount of RO 3337.50 will be utilized in 2024, and the project is scheduled for completion in the same year. The project will get the required electricity from the solar project, which will be installed on the school's roof. This solar facility is expected to be commissioned in 2024, and the entire allocated amount of RO 1662.50 will be utilized in the same year.
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Interactive Boards for Ministry of Education
The Company sponsered 5 Interactive Board to be installed in 5 schools located in North of Al Batinah Governorate which are Um Salama girls secondary school, Nafisa bint Al Hasan girls secondary school, Safiya bint Abdulmutalib girls secondary school, Al Batinah boys secondary school and Suhail bin Amro boys secondary school. The interactive boards are enable teachers to use graphical presentations, videos and a wide range of teaching material in a way that appeals to the eyes of students.