EBRD mulls $100m Jordan power plant investment
The European Bank for Reconstruction and Development (EBRD) is considering a $100m investment in a power plant near Amman to increase electricity supply. The investment supports efforts of Jordan's government to increase the country's power generation capacity to cater for the continuous rise in electricity demand, said EBRD first vice president, Varel Freeman. Natural gas is used to generate the lion's share of Jordan's electricity demand. In 2009, gas-fired plants produced 12,570 gigawatt hours (GWh) or a Jordan's total power production of 14,272 GWh, according to the International Energy Agency (IEA), with oil and hydro power covering the remainder.
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