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Detail of GEF Project #2555

GEF Project ID2555
Funding SourceGEF Trust Fund
Project NamePromotion of a Wind Power Market
RegionAsia and the Pacific
Focal AreaClimate Change
Operational Program6
Pipeline Entry Date2004-07-13
PDF-B Approval Date2004-07-13
Approval Date2006-08-01
CEO Endorsement Date2008-06-03
GEF Agency Approval Date2008-06-26
Project StatusUnder Implementation
GEF AgencyWorld Bank
Executing AgencyMinistry of Energy and Mineral Resources (MEMR); National Electric Power Corporation (NEPCO)
DescriptionThe main objective of this IPP Wind Power project is to help create a sustainable wind power market in Jordan in order to increase the supply of electricity in an environmentally sustainable way by overcoming barriers to windfarm development such as higher generation cost from windfarms, lack of a legal and regulatory framework for windfarm development, lack of institutional capacity, and inadequate information on wind resources. The project would foster private sector development through the involvement of independent power producers and address the following sector issues: (i) heavy reliance on fossil fuels, especially heavy fuel oil with high sulphur content; (ii) inadequate financing of power infrastructure and barriers to private investment. This project will seek GEF funding to meet the incremental cost of promoting a renewable energy technology , in addition to addressing barriers and providing technical assistance.
PDF B Amount
350,000 USD
GEF Project Grant
6,000,000 USD
GEF Grant
6,350,000 USD
Cofinancing Total
82,600,000 USD
Project Cost
88,950,000 USD
GEF Agency Fees
571,500 USD
GEF Project (CEO Endo.)
6,000,000 USD
Cofinancing Total (CEO Endo.)
135,900,000 USD
Project Cost (CEO Endo.)
142,250,000 USD
Project Documents

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