Electricity Holding Company SAOC has awarded to Oman Investment & Finance Company (OIFC) the contract for billing and customer services for public authority for electricity and water & Oman wastewater services company SAOC customers. The contract duration January 19, 2017, is six months, renewable for another six months. The contract value is OMR 300,000 for six months January 1, 2017 to June 30, 2017 and optional OMR 270,000 for six month July 1, 2017 to December 31, 2017. OIFC expects reasonable profits out of this contract.