Kuwait set to fund Jordan wind power project
Grant of $154.6m will finance 65MW wind farm in Maan District
Kuwait Fund for Arab Economic Development (KFAED) has signed an agreement to fund a new wind power project in Jordan, with a grant of US $154.6 million. The new plant, set to be located in Maan District, will have a capacity of around 65 MW, using 30 wind turbines with individual capacities of between 2 and 3 GW.
The grant, which KFAED says will cover all of the project costs, also includes the installation of a step-up substation (0.69/33/132kV), 8 kilometres of 132 overhead transmission lines, the expansion of the principle Maan substation, and the construction of some 14 kilometres of access roads.
The scheme is part of Jordan’s efforts to reduce reliance on expensive imported fossil fuel supplies, which have been shown up as particularly vulnerable after attacks on a pipeline from Egypt interrupted supplies.
The project scope also encompasses consultancy services for preparatory works, pre-qualification of contractors, and the supervision of the project.
The KFAED has also supported other regional utilities projects in recent months – including an $85 million loan to finance upgrade works in Lebanon and a $250 million contribution to help support a massive upgrade of Bahrain’s electricity network over a three year period.