Saudi's ACWA to ink $400m deal for Jordan power plant

Company will tie up with state-owned National Electric Power Co; new plant will be completed by 2019
Saudi's ACWA to ink $400m deal for Jordan power plant
Electricity pylon
By Bloomberg
Mon 21 Dec 2015 01:57 PM

State-owned National Electric Power Co will sign a $400 million contract next week with Saudi Arabia-based ACWA Power for construction of a 480-megawatt plant, the secretary general of Jordan’s Ministry of Energy and Mineral Resources said.

The new facility will replace Jordan’s oldest plant, the Hussein Thermal Power Station in the Red Sea port of Aqaba, Ghaleb Maabreh said in an interview in Amman. It will be completed by the end of 2019 and run primarily on natural gas as well as gasoline, he said.

“Running the plant mostly on gas is a very cost-effective solution,” Maabreh said Sunday. The Hussein thermal station uses heavy fuel and gasoline and has a generating capacity of 198 megawatts, according to the plant’s website.

Jordan plans to add 600 megawatts of solar and wind power by 2016, Energy Minister Ibrahim Saif said on Sept. 14. The Middle Eastern kingdom awarded Enviromena Power Systems and TSK Group a contract to build a 100 megawatt solar plant, Haidar Gammaz, a ministry spokesman, said Sunday in a telephone interview.

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Last Updated: Thu 26 Jan 2017 01:27 PM GST

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