It converted to a limited liability company 11 years later. AECL also became one of the main dealers of electrical equipment in the major port city of Salalah before expanding its services to other parts of the country.
“We have become a market leader. Most projects in Salalah have been done by Alpha Electric,” says Fawzi Salem Abdullah Al Shanfari, AECL’s Owner.
A grade 1 company with the Electricity Regulatory Authority, AECL has taken a major step outside of its home region, winning an OMR2.3 million (U.S.$6 million) contract to build a new primary substation and upgrade an old one for the Muscat Electricity Distribution Company (MEDC).
“Thanks to good management, the Muscat primary substation project, which is also financed by HSBC, is going smoothly without any issues,” Al Shanfari adds.
MEDC is the only entity responsible for the distribution and supply of electricity in the Governorate of Muscat.
Project finance support
AECL’s long-standing relationship with HSBC stretches back to 1995. The company has also approached the bank for support in bidding for two projects in electricity emergency and maintenance services tendered by the Rural Areas Electricity Company (Tanweer).