Energy Ministry qualifies 23 companies to invest in electricity storing project

By JT - Dec 27,2017 - Last updated at Dec 27,2017

AMMAN — The Energy Ministry has qualified 23 out of 41 companies to invest in a project for storing electricity on the electricity conveyance grid of the National Electric Power Company (NEPCO).

The project’s investment value is estimated between $30 and 40 million, funded by the private sector with a capacity of 60 megawatt per hour, the Jordan News Agency, Petra, reported on Monday.

Energy Minister Saleh Kharabsheh said that the project aims to ensure stability of the electricity grid and increase the contribution of renewable energy.

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