Author: PPD Team Date: 03/03/2025
Jordan’s state-owned transmission system operator, National Electric Power Company (NEPCO), has secured a EUR67.1 million financing package from the European Bank for Reconstruction and Development (EBRD) and the European Union (EU) to upgrade the country’s transmission infrastructure.
The package includes a sovereign-guaranteed EBRD loan of up to EUR54.7 million and an EU investment grant of EUR12.4 million.
The funds will be used to construct a high-voltage electricity substation in northern Jordan and build four new overhead transmission lines. The project includes two 400 kV lines connecting the Samra and Amman West substations and two 132 kV lines linking the Hasan Industrial and Jerash substations. The new infrastructure aims to enhance grid capacity, improve cross-border interconnections, and reduce transmission losses. Additionally, the EU will provide a EUR2.2 million technical cooperation grant to support project implementation.
The investment aligns with the EU-Jordan Partnership Priorities (2021-2027), which focus on economic resilience, trade, and energy development. Under this framework, the EU has proposed a EUR3 billion financial package for 2025-2027, including grants, investments, and concessional loans to support Jordan’s infrastructure and economic growth.