Oman Aluminium Processing Industries SPC (OAPIL), a subsidiary of Oman Cables Industry, has signed a strategic Memorandum of Understanding (MoU) agreement with Epsilon Composite from France to produce High Voltage Composite Reinforced Conductors (HVCRC) at its manufacturing facility in Sohar, Oman. This partnership aims to meet the increasing global demand for power grids that support cleaner energy sources and Net Zero targets. The venture into composite core reinforced conductor manufacturing is in response to the rising electricity demand in urbanizing regions and the need for smarter power grid solutions. Advanced HTLS conductors offer double the current carrying capacity and can operate in higher temperatures, reducing energy losses and greenhouse gas emissions.
By collaborating with Epsilon Composite, OAPIL is positioning itself as a pioneer in the development of innovative and sustainable conductor technologies. The introduction of HVCRC conductors will help utilities address the challenges of increasing electricity demand with minimal total cost of ownership, while promoting energy efficiency and sustainability. This investment in advanced products contributes to enhancing power grid capacity, reliability, and resilience. Epsilon Composite also recognizes the significance of the partnership in advancing HVCRC technology in multiple markets. With its integrated production capabilities, OAPIL is poised to become a key player for HTLS conductors in the Middle East region and beyond.
The strategic partnership between OAPIL and Epsilon Composite signifies a new chapter for OAPIL as it continues to support Oman’s sustainable energy growth and the global energy transition towards cleaner and more efficient technologies. The collaboration is expected to meet the demand for advanced conductors to support electrification and the energy transition. The joint efforts of both companies in designing, manufacturing, and installing HVCRC conductors show promising momentum in qualifying these conductors in Oman and other targeted countries. This collaboration is crucial in helping utilities increase power transmission capacity while reducing costs and promoting sustainability.
The advanced HTLS conductors developed through this partnership play a crucial role in environmental sustainability by reducing energy losses and greenhouse gas emissions. These conductors align with global efforts to combat climate change, making them essential tools for utilities striving to achieve their sustainability goals. The introduction of HVCRC conductors will empower utilities to address increasing electricity demand while also promoting energy efficiency and sustainability. This collaboration between OAPIL and Epsilon Composite is a significant step towards meeting the global demand for modern, resilient, and sustainable power grids that support the transition to cleaner energy sources and Net Zero targets.
Overall, the partnership between OAPIL and Epsilon Composite marks a significant milestone in the development of innovative and sustainable conductor technologies. By introducing HVCRC conductors, utilities will be able to increase power transmission capacity with minimal total cost of ownership, while promoting energy efficiency and sustainability. This collaboration is instrumental in supporting Oman’s sustainable energy growth and the global energy transition towards cleaner and more efficient technologies. OAPIL’s venture into composite core reinforced conductor manufacturing shows its commitment to meeting the growing demand for advanced power grid solutions that enhance capacity, reliability, and resilience.