Jordan’s NEPCO secures $100 million aid from EBRD

Jordan’s state-owned National Electric Power Company (NEPCO) will receive financial aid worth $100 million in the form of an emergency loan from the European Bank for Reconstruction and Development. The loan is for preserving the stability of the country’s electrical system and also managing liquidity constraints resulting from measures being taken to tackle the ongoing global outbreak of coronavirus or the Covid-19 situation.

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