What Omas does

OMAS (Operations & Maintenance Alternative Solutions Co.) is a Saudi Arabia-based Engineering, Procurement & Construction (EPC) and Operations & Maintenance (O&M) contractor headquartered in Jeddah, operating as a subsidiary of ALTAAQA — the Energy and Water Group of Zahid Group. The company was founded in 2015 to deliver power generation and industrial infrastructure projects, and today operates across nine business segments: conventional energy power plants (diesel/gas engines, steam and gas turbines including GE Mobile Gas Turbines TM2500+), renewable energy power plants (Solar PV, Solar Thermal, Wind), Power Transmission and Distribution Substations (TDS), water solutions (via MTD Arabia joint venture), EV charging (via ALTAAQA EV joint venture with TOTAL ENERGIES), cooling systems, green hydrogen, battery energy storage systems (BESS), and oil & gas electromechanical works.

The company's technology stack combines internal EPC engineering, procurement, and construction capabilities with third-party global technology partnerships — GE for turbines, TOTAL ENERGIES for EV charging software, MTD for Dutch water treatment technology, HUAWEI for inverters, and JINKO Solar for PV modules. OMAS also operates an R&D center at Zahid Learning Institute (ZLI) focused on IoT, automation, energy efficiency, data science, and energy storage. The company holds ISO 9001 certification and reports compliance with quality, safety, and sustainability standards.

OMAS generates revenue through two primary streams: project-based EPC contracts (one-time, milestone-billed) and recurring long-term O&M service agreements for power plants, renewable installations, and standby generator fleets. Notable contract wins include a 54 million SAR SEC Phase 2 EPC project for GE Mobile Gas Turbines at Jizan and Tabuk, a 2.1 MWp ground-mounted solar PV system at Binzagr's Logistics Center in KAEC, and a 3 MWp solar PV system at Zahid Business Park. The customer base is enterprise/government-centric, dominated by Saudi Electricity Company (SEC) and large industrial/logistics operators, with sales executed through competitive bidding and direct enterprise engagement. Pricing is project-specific and not publicly disclosed for most engagements.

Name

Omas

Legal name

Operations & Maintenance Alternative Solutions Co. (OMAS)

Website

https://omas.com.sa

Company type

Private

Founded year

2015

Operating status

Operating

Short description

OMAS is a Saudi Arabia-based EPC and O&M contractor providing power generation, renewable energy, water, EV charging, and grid infrastructure services to government utilities (notably Saudi Electricity Company) and large industrial clients, operating across nine business segments as a subsidiary of Zahid Group's ALTAAQA Energy Division.

Ownership category

akta.pro rank

Product category

Power Generation and Industrial Utilities EPC & O&M Services

NAICS

Electric Power Generation (22111), Fossil Fuel Electric Power Generation (221112), Solar Electric Power Generation (221114), Electric Power Generation, Transmission and Distribution (2211)

SIC

Cogeneration Services & Small Power Producers (4991), Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

Combined Cycle & Cogeneration (CHP) EPC (EUAEAAAB)

akta.pro secondary industries

Solar PV Power Plant EPC (Utility-Scale) (EUAEAAAG), Substation & Interconnection EPC (Collector/POI Substations, Switchyards) (EUAEADAC), Power Plant Electrical Systems EPC (Switchyard, Transformers, Protection & Controls) (EUAEAAAM), Power Plant I&C / SCADA / DCS EPC (EUAEAAAN)

Keywords

• EPC power generation
• Operations and maintenance
• Renewable energy construction
• Power transmission substations
• Industrial utilities infrastructure

Headquarters

HQ city

Jeddah

HQ country

Saudi Arabia

HQ region

Middle East

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Engineering, Procurement & Construction (EPC) Services: OMAS delivers turnkey EPC contracts for power generation facilities, renewable energy plants, water treatment, and industrial infrastructure. Revenue is generated through project-based contracts encompassing design, procurement, construction, testing, and commissioning. Notable project: 54 million SAR SEC Phase 2 contract for GE Mobile Gas Turbines.
2. Operations & Maintenance (O&M) Services: Long-term O&M contracts for conventional power plants, renewable energy plants, water utilities, standby generators, and facility management. Revenue is recurring from ongoing maintenance agreements, fleet assessments, and operational support services.
3. Testing & Commissioning (T&C) Services: Specialized testing and commissioning services delivered as part of EPC projects or as standalone engagements to ensure optimal performance of installed equipment and systems.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

OMAS delivers turnkey Engineering, Procurement & Construction (EPC), Testing & Commissioning (T&C), and Operations & Maintenance (O&M) services for power generation facilities and industrial plants in Saudi Arabia and the GCC. Its portfolio spans conventional energy (diesel/gas engines, steam and gas turbines), renewable energy (Solar PV, Solar Thermal, Wind), green hydrogen, battery energy storage, power transmission & distribution substations, EV charging, water treatment, cooling systems, and oil & gas electromechanical works.

Product overview

OMAS (Operations & Maintenance Alternative Solutions Co.) is a Saudi Arabian company offering a full suite of services including Engineering, Procurement & Construction (EPC), Testing & Commissioning (T&C), and Operations & Maintenance (O&M) for power generation and industrial plants. The company operates across multiple business segments: Conventional Energy (engines/turbines), Renewable Energy (Solar PV, Solar Thermal, Wind), Power Transmission & Distribution, Water Solutions (via MTD Arabia joint venture), EV Charging Solutions (via ALTAAQA EV joint venture with TOTAL ENERGIES), Cooling Systems (via ALTAAQA Cooling Systems), Green Hydrogen, Energy Storage Systems (BESS), and Oil & Gas. OMAS functions as a unified platform combining electromechanical systems expertise, water treatment facilities, and wastewater management, delivering solutions through EPC project execution and long-term O&M services.

Differentiator

Problem solved

Functional benefit

Products and services

• Engineering, Procurement & Construction (EPC) Comprehensive EPC services including design and engineering, planning and scheduling, procurement, construction (civil, electromechanical, instrumentation), and Testing & Commissioning for power generation, renewable energy, water, transmission, and industrial facilities in Saudi Arabia and the GCC.
• Operations & Maintenance (O&M) Long-term O&M services for conventional power plants, renewable energy plants, water utilities, standby generators, and facility management, including fleet assessments, operating procedure standardization, and procurement support.
• Conventional Energy Power Plants Turnkey solutions for power generation facilities including cogeneration systems, diesel/gas engines, steam and gas-fired turbines, temporary power solutions, and integration of environmental compliance equipment such as decarbonization, desulphurization, and denitrification systems.
• Renewable Energy Power Plants End-to-end renewable energy solutions spanning Solar PV, Solar Thermal, and Wind Power across the full value chain of renewable energy and green hydrogen projects for utility-scale and C&I applications.
• Power Transmission, Distribution, and Substations (TDS) Power transmission and distribution lines (TDL) and power transmission and distribution substations (TDS) services delivered in partnership with a globally renowned technology leader to support grid capacity expansion.
• Water Solutions Advanced temporary water solutions for drinking water and wastewater treatment delivered through the MTD Arabia joint venture, designed for urban and rural communities as well as international events.
• EV Charging Solutions Design, installation, and operation of EV charging stations (AC and DC) for residential, commercial, and public sectors, delivered through the ALTAAQA EV joint venture with TOTAL ENERGIES acting as a Charge Point Operator using TOTAL ENERGIES' proven software platform.
• Cooling Systems Advanced temporary and permanent cooling solutions including chillers, cooling towers, and customizable air handling units for commercial and industrial applications, delivered through ALTAAQA Cooling Systems.
• Green Hydrogen Specialized green hydrogen project execution capability delivering solutions across the entire value chain in Utility Scale and C&I sectors, leveraging the company's renewable energy expertise.
• Energy Storage Systems Battery energy storage system (BESS) solutions for power balancing, grid management, microgrids, and frequency regulation in Utility Scale and Large C&I applications, paired with customized O&M services including preventive, corrective maintenance, and 24/7 hotline support.
• Oil & Gas Electromechanical EPC and O&M services for Oil & Gas operators, applying power solutions expertise and compliance with Saudi Electricity Company standards.

Quantifiable outcome

• 54 million SAR SEC Phase 2 Project completed in 5 months at Jizan and Tabuk with six GE Mobile Gas Turbines.
• +3 more outcomes

Named customers4 records

Segments7 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature5 records

Partnerships

Four partnerships are on record, tiered major and core.

• GE (General Electric)majorTechnology or Integration · 1 January 2024OMAS partnered with GE to execute the SEC Phase 2 Project at Jizan and Tabuk, delivering six GE Mobile Gas Turbine units (model TM2500+). OMAS provided full EPC services while GE supplied the turbine technology.
• ALTAAQA (Zahid Group Energy Division)coreStrategic or Co-development Partner · 1 January 2015OMAS was founded in 2015 under ALTAAQA, the Energy Division of Zahid Group. As a member of ALTAAQA, OMAS upholds the highest standards of services and technical expertise and collaborates with sister companies across various industries and regions. OMAS is part of the broader ALTAAQA Group which employs ~500 professionals.
• TOTAL ENERGIESmajorStrategic or Co-development PartnerALTAAQA EV is a joint venture between OMAS' parent company ALTAAQA and TOTAL ENERGIES, offering EV Charging Solutions as a Charge Point Operator (CPO). The JV leverages TOTAL ENERGIES' proven charging software deployed across Europe, China, Singapore, UAE, USA, and other regions.
• MTD (Dutch Company)majorStrategic or Co-development PartnerOMAS entered into a joint venture with MTD to form MTD Arabia, specializing in advanced temporary water solutions for drinking water and wastewater treatment. MTD Arabia serves urban and rural communities as well as international events, leveraging MTD's cutting-edge Dutch water technologies.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Nesma & Partners Contracting: Major Saudi multi-discipline EPC contractor executing power, industrial, and infrastructure projects. Competes head-to-head with OMAS for utility and industrial EPC contracts in the Kingdom, with substantially larger workforce and project backlog.
• Bahra Electric: Saudi-based manufacturer and EPC provider of electrical equipment including transformers, switchgear, and power distribution solutions. Overlaps with OMAS on T&D substations, BOP electrical works, and renewable interconnection infrastructure.
• Alfanar: Saudi-based EPC and electrical equipment manufacturer with significant renewables, power generation, and T&D exposure. Directly competes with OMAS on SEC tenders, solar PV EPC, and substations, with a much larger product portfolio spanning LV/MV switchgear and transformers.
• Rawabi Holding: Saudi energy services conglomerate with electrical, mechanical, and instrumentation capabilities serving oil & gas, utilities, and industrial clients. Directly competes with OMAS on Saudi industrial EPC and O&M with comparable scale and a similar full-lifecycle service model.
• Arabian Bemco Contracting: Saudi power plant EPC contractor specializing in thermal power plants, substations, and industrial projects. Directly comparable to OMAS on conventional power plant construction and O&M for Saudi utility clients.

Broad incumbents

• Elsewedy Electric: Egypt-headquartered regional power EPC giant with cables, transformers, and turnkey power plant capabilities and deep GCC presence. Overlaps with OMAS on conventional power EPC, T&D, and renewables but at significantly larger scale and broader product breadth.
• ACWA Power: Saudi-listed power generation and water desalination developer/IPP with extensive renewables and hydrogen portfolio. While primarily an asset owner/developer, it bids on and operates large EPC-adjacent scopes overlapping OMAS's conventional, renewables, and water segments.
• Larsen & Toubro (L&T) Construction: India-headquartered global EPC conglomerate with strong Middle East presence in power T&D, renewables, and infrastructure. Directly competes with OMAS on substation, transmission, and utility-scale solar PV EPC across the GCC.
• Técnicas Reunidas: Spain-headquartered international EPC firm with significant GCC power, oil & gas, and hydrogen project execution. Competes with OMAS on conventional power and emerging hydrogen segments, particularly on large industrial and utility EPC scopes.

Regional players

• SEPCO III Electric Power Construction: China-based EPC contractor with extensive Saudi Arabia presence, executing large-scale power plant and renewable projects for SEC. Competes on the same mega-projects but with stronger cost position and Chinese financing relationships.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/omas-saudi
• Xx.com/zahidgroup

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Omas