Middle East Economic Survey

VOL. LII

No 40

5-Oct-2009

JORDAN

Jordan Signs Agreement For Qatraneh Power Project

The Jordanian government on 29 September signed an agreement with the Qatraneh Electric Power Company a consortium comprising Korea Electric Power and Zenel Company of Saudi Arabia for the construction of a $455mn power generation plant in Qatraneh with a capacity of 373mw. The project will be set up on a build-operate-own (BOO) basis over a period of 25 years. The first simple cycle...