The 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.

Project Details

GEF Project ID
2555
Country
Jordan
Implementing Agencies
The World Bank
Approval FY
2008
Status
Completed
Region
Europe and Central Asia
Executing Agencies
Ministry of Energy and Mineral Resources (MEMR); National Electric Power Corporation (NEPCO)
GEF Period
GEF - 3
Project Type
Full-size Project
Focal Areas
Funding Source
GEF Trust Fund

Financials

USD
Co-financing Total
135,900,000
GEF Project Grant
6,000,000
GEF Agency Fees
571,500

Timeline

Received by GEF
02 Jun 2004
Concept Approved
01 Aug 2006
Project Approved for Implementation
02 Jun 2008
Project Closed
31 Mar 2016