Hashemite Kingdom of Jordan

Al-Samra Electric Power Generating Station
Loan No: 524 Interest Rate: 4.5 %
Beneficiary: Al-Samra Electric Power Generating Company Grace Period: 5 years
Project Cost: KD 32.6 million Maturity: 22 years
Amount of Loan: KD 30.0 million Repayment: 35 semi-annual installments
Date of Board Approval: 2008-03-10 First Installment: 5 years following the first disbursement
Date of Loan Agreement: 2008-03-10 Date of Loan Effectiveness: 2008-04-21

Objectives:

The project represents the third phase of the Al-Samra electric power generating station, located in the Al-Zarqaa Governorate in the Hashemite Kingdom of Jordan. The project aims at satisfying the increasing demand for electric power and energy in the Kingdom, through the supply and installation of a steam turbine generator set, rated at 100 MW, in order to raise the installed capacity of the Al-Samra electric power generating station from 500 MW to 600 MW.

Description:

The project, which is expected to be completed by the end of 2010, consists of the supply and erection of two HRSG units, and a steam turbine generator set in order to form, along with the two gas turbines supplied in phase II of the station, a combined cycle plant rated at 300 MW. The project consists of the following main components:

  1. Works to Convert the Station to a Combined Cycle Station:This includes the leveling of land involved in the project site, along with all other required civil works, the supply and installation of two HRSG units, a steam turbine generator rated at 100 MW and using natural gas as primary fuel, a 15/400 kV power transformer rated at 150 MVA, in addition to the supply of necessary spare parts and the execution of all associated mechanical and electrical works including those related to the condenser, the water de-mineralizing plant and the cooling tower.
  2. Consultancy Services:This includes consultancy services required to prepare design drawings, assist in the tendering process, perform project supervision, and participate in witness testing and preliminary acceptance of equipment included in the project.

Financing:

The Arab Fund’s loan covers about 92.0% of the total project cost. The Jordanian Government will cover the remaining cost of the project and any additional cost that may arise.