ZCZC
BCN-39
WORLDBANK-JORDAN-POWERPLANT
World Bank member offers 71 mln USD for building wind power plant in Jordan
AMMAN, Nov. 8, 2018 (BSS/Xinhua) – International Finance Corporation (IFC),
a member of the World Bank Group, said on Wednesday that it is providing 71
million U.S. dollars to finance the construction of the new Daehan Wind Power
Plant in Jordan.
The 51-megawatt plant, the IFC’s second major investment in Jordan’s wind
sector this year, will be built in the southern governorate of Tafila to
provide clean energy to homes and businesses across the country, IFC said in
a statement to Xinhua.
During the last two decades, the World Bank Group has played a key role in
Jordan’s energy sector by aiding its privatization through regulatory and
financial support, with IFC having invested more than 300 million dollars in
13 renewable projects.
Jordan, which imports 97 percent of its energy, is working on energy
projects including renewable energy ones to reduce its reliance on imported
energy sources.
BSS/XINHUA/HR/1452