Bank Of Baku

Enefit consortium starts tendering process for Jordan’s oil shale fired power plant

Enefit consortium starts tendering process for Jordan’s oil shale fired power plant
# 30 June 2012 19:23 (UTC +04:00)
Baku-APA. Enefit, together with its partners, YTL Power International Berhad of Malaysia and Near East Investments of Jordan, started Saturday the Engineering Procurement and Construction tendering for Jordan’s first direct burning oil shale fired power plant, reports quoting Xinhua.

The plant is due to come on line at the end of 2016, it said in a statement Saturday of which a copy was obtained by Xinhua.

The new power plant will have a capacity of approximately 460 megawatt and will be located at the Attarat um Ghudran oil shale deposit, approximately 100 kilometres southeast of Jordan’s capital Amman.

The new power plant will have two oil shale-fired power units ( 2x 230MW) and will consume 8 million tonnes of oil shale per year. Using oil shale as energy source means a fundamental shift for Jordan on a road to become an energy-independent country and will deliver significant economic benefits to Jordan, including reducing the kingdom’s expenditure on the import of oil products for power generation by more than 500 million U.S. dollars a year.

Early June, Enefit reached agreement with the Jordanian Ministry of Energy and Mineral Resources and the National Electric Power Company on the terms of project contracts which allows the tendering process for the main engineering, procurement and construction of the new power plant to commence.

The tender process will be completed by the end of 2012 and the next stage of project development will be project financing in 2013.

The Enefit consortium has conducted an extensive exploration programme and developed a mining plan and technical concept for the power plant since having been awarded a concession over the mining area in July 2010.
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