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    Signature(s)

    Amount (.*)
    € 80,623,932.25
    Countries
    Sector(s)
    Jordan : € 80,623,932.25
    Energy : € 80,623,932.25
    Signature date(s)
    14/12/2017 : € 14,350,000
    8/11/2015 : € 66,273,932.25
    (*) Including a € 14,350,000 Investment Grants provided by the NEIGHBOURHOOD INVESTMENT PLATFORM
    Link to source

    Summary sheet

    Release date
    24 February 2015
    Status
    Reference
    Signed | 08/11/2015
    20090711
    Project name
    Promoter - financial intermediary
    NEPCO GREEN CORRIDOR
    National Electric Power Co. (NEPCO)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    USD 87 million (EUR 78 million)
    USD 160 million (EUR 142 million)
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    The project is a multi-component programme to reinforce Jordan's high voltage electricity backbone network for integration of more renewable generation capacity and to improve reliability of supply. It consists of two new transmission lines (400 kV/150 km and 132 kV/51 km), upgrading three existing lines (132 kV/100 km) and construction of one new 400/132 kV, 1200 MVA electricity substation. The investments are reinforcing the network in the central Jordan desert area, where circumstances for renewable generation are most favourable.

    The project consists of transmission investments that are necessary to allow access of renewable electricity projects to the main consumption centre of Amman, to replace present and future fossil-based generation, and to strengthen the energy transmission backbone of the country. The project therefore contributes to the objectives of climate change mitigation and economic infrastructure development.

    Environmental aspects
    Procurement

    Several of the project components, if implemented inside the EU, would require an environmental impact assessment (EIA) according to the EU legislation. The EIB requires the promoter to conduct environmental and social assessments (ESIAs) for the whole multi-component programme. The implementation of an ESIA for the first part of the programme is being contracted with an international consultant.

    The EIB will require the promoter to ensure that implementation of the project will be done in accordance with the EIB's Guide to Procurement.

    Under ELM Guarantee
    Comments

    This operation is covered by the ELM Guarantee.

    This operation is covered by the EU Guarantee for EIB loans outside the EU.

    Link to source
    Summary sheet

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - NEPCO GREEN CORRIDOR
    Publication Date
    15 Jul 2015
    Document language
    Main Topic
    Lending
    Document Number
    60347238
    Document Focus
    Environmental Information
    Project Number
    20090711
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - NEPCO GREEN CORRIDOR - Link to Promoter's website for Environmental Information
    Publication Date
    16 Jan 2019
    Document language
    Main Topic
    Lending
    Document Number
    90230739
    Document Focus
    Environmental Information
    Project Number
    20090711
    Sector(s)
    Countries
    Publicly available
    Download now

    News & Stories

    General enquiries and comments

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    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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