Energy Magazine June 2016 | Page 34

TABREED OMAN

Salim Al Farsi CEO Salim Al Farsi , Chief Executive Officer , has BA ( Honours ) Accounting Degree University of Derby , UK and later became a fully qualified fellow charted accountant ( ACCA UK ), Salim brings with him fifteen years ’ experience from different industry , started his working life in the Oil and Gas industry then to investment and construction industry and now to the utility business . Prior to joining Tabreed , he was the finance manager at Oman Oil Company E & P .

“ The customer saw it in his benefit to spend that bit of extra cash to convert his buildings to be compatible to our system – so he could slice his electricity bill by half for the next 25 years ”

– Salim Al Farsi , CEO
CEO Salim Al Farsi explains its business model : “ What we provide is a solution whereby we build a cooling plant that can serve multiple customers . It ’ s owned by Tabreed Oman for the next 25 years , so it is in our best interest to look after it in the best possible way . The customer does not need to worry about anything except receiving the service .” This means that Tabreed Oman ’ s customers pay monthly energy bills in the same way they always have for other utilities such as power and water , without needing to concern themselves with maintenance of the equipment .
Energy-efficient cooling that saves building owners both money and hassle seems like a straightforward choice , and Al Farsi ’ s team is working hard to make sure the benefits are explained to potential clients throughout Oman . It goes beyond cutting energy bills , he says , even meaning that a newbuild ’ s construction costs can
34 June 2016