NWS signs pact to acquire 50,000 green certificates

Nama Water Services (NWS) has signed an agreement to purchase and redeem 50,000 International Renewable Energy Certificates (I-RECs), representing 50,000 megawatt-hours of renewable electricity, as part of its drive to achieve net-zero emissions by 2050.
The agreement was signed by Qais bin Saud al Zakwani, Chief Executive Officer of Nama Water Services; and Ahmed bin Salim al Abri, Chief Executive Officer of Nama Power and Water Procurement (Nama PWP).
Each certificate represents one MWh of renewable electricity, providing an internationally recognised and measurable mechanism for documenting clean-energy consumption and addressing emissions associated with electricity use.
The initiative forms part of Nama Water Services’ Net Zero Roadmap and supports its near-term efforts to reduce indirect emissions from electricity consumption.
It complements a broader portfolio of projects covering renewable energy, energy efficiency and operational improvements.
Nama Water Services has adopted 2022 as the baseline year for measuring its emissions reductions. The company recorded total baseline emissions of approximately 325,000 tonnes of carbon dioxide equivalent.
“For us, net zero is not simply a target to be reached in 2050; it is a journey shaped by the decisions we make today”, Al Zakwani said.
“We are therefore translating our sustainability ambitions into practical initiatives with measurable impact — from reducing emissions and improving energy efficiency to managing resources in a more efficient and sustainable manner”.
The 50,000 certificates are expected to represent about 30 per cent of the electricity consumed by wastewater treatment plants in Muscat Governorate. The initiative is estimated to have an emissions-accounting impact of around 16,000 tonnes of carbon dioxide equivalent.
Al Zakwani said Nama Water Services aimed to make sustainability an integral part of its operational and investment decisions.
“It should extend beyond environmental impact to encompass business efficiency, operational resilience and the value we create for society and the environment”, he said.
The agreement supports the company’s efforts to embed Environmental, Social and Governance principles across its operations by linking environmental objectives with measurable initiatives and performance indicators.
Nama Water Services is also implementing projects covering energy efficiency, operational optimisation, renewable energy, the reduction of water losses and increased reuse of reclaimed water.
Its progress towards net zero is measured through performance indicators linked to the company’s roadmap, enabling it to compare actual results against interim targets.
Al Abri said the agreement demonstrated the commitment of Nama Group companies to strengthening sustainability and accelerating the transition towards a low-carbon economy.
“International Renewable Energy Certificates are one of the effective mechanisms through which organisations can document their consumption of clean energy and contribute to reducing emissions associated with their operations”, he said.