National Electric Power Company (NEPCO), Jordan’s state-owned transmission system operator, has secured a financing package worth EUR67.1 million from the European bank for reconstruction and development (EBRD) and the European Union (EU), to upgrade the country’s transmission infrastructure.
The financing package includes a sovereign-guaranteed EBRD loan of up to EUR54.7 million and an EU investment grant of EUR12.4 million. These funds will be used to construct a high voltage electricity substation in northern Jordan and build four new overhead transmission lines. The project consists of two 400 kV lines connecting the existing Samra and Amman West substations, as well as two 132 kV lines connected to the Hasan Industrial and Jerash substations. The new substation will enhance grid capacity, improve cross-border interconnections, and reduce transmission losses. Additionally, the EU will provide a EUR2.2 million technical cooperation grant to appoint a project implementation consultant for NEPCO.