Monday, 06 December 2021 06:07 GMT

Jordan: 23 companies qualified to invest project for electricity storing


(MENAFN) A total of 23 companies out of 41 were qualified by The Energy Ministry of Jordan to invest in a project aiming to store power on the National Electric Power Company's (NEPCO) electricity conveyance grid.

According to the Jordan News Agency, the private sector financed the project with 60 megawatt each hour capacity and its predicted investment worth is $30-40 million.

The purpose of the project is to guarantee the electric grid steadiness and to raise renewable energy's involevement, according to Energy Minister Saleh Kharabsheh.

MENAFN2712201700450000ID1096278087


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.