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MEDIA ADVISORY MEDIA INQUIRIES:
USTDA AWARDS GRANT TO IMPROVE
JORDANíS ELECTRIC POWER TRANSMISSION SYSTEM
AMMAN, JORDAN Ė (May 18, 2006) The development of a system to improve Jordanís electrical infrastructure and facilitate its progression to an open electricity market are the goals of a U.S. Trade and Development Agency (USTDA) grant awarded today to the Ministry of Planning and International Cooperation of the Hashemite Kingdom of Jordan. The $158,000 grant will be used to evaluate and construct an optimal planning approach to reduce transmission loss and manage reactive power sources for existing transmission lines in Jordan.
The grant was conferred in a signing ceremony held at the Ministry of Planning and International Cooperation. Mr. Thomas R. Hardy, USTDA Chief of Staff, and Her Excellency Suhair Al-Ali, Minister of Planning and International Cooperation, signed the grant agreement on behalf of the U.S. and Jordanian governments, respectively. Mr. David Hale, American Ambassador to Jordan, participated in the ceremony.
Currently, Jordan is dependent on imported crude oil and petroleum products to meet its energy needs, which total approximately 75,000 barrels per day. Due to rising petroleum costs and in the interest of becoming energy self-sufficient, the Jordanian government is pursuing the development of projects to establish independent energy resources and conserve consumption.
The USTDA grant awarded today will fund early investment analysis on a Reactive Power Compensation and Transmission Loss Reduction project for the state-owned National Electric Power Company (NEPCO) of Jordan. The project is designed to reduce fuel consumption and greatly assist Jordan in expanding its power systems and increasing the efficiency of transmission operations. Implementation of this project would also enhance the role of the Jordanian network, which is a main crossing point for many electrical interconnection projects in the Middle East. Additionally, a reduction in reactive power compensation would further increase transmission capability, while improving the quality of the power supply and the reliability indices.
The opportunity to conduct this study for NEPCO will be competed on the Federal Business Opportunities website (www.fedbizopps.gov). Interested U.S. firms should submit proposals according to the instructions contained in the Federal Business Opportunities announcement. NEPCO will select the U.S. contractor that will conduct the study.
The U.S. Trade and Development Agency advances economic development and U.S. commercial interests in developing and middle-income countries. The agency funds various forms of technical assistance, early investment analysis, training, orientation visits and business workshops that support the development of a modern infrastructure and a fair and open trading environment. USTDAís strategic use of foreign assistance funds to support sound investment policy and decision-making in host countries creates an enabling environment for trade, investment and sustainable economic development. In carrying out its mission, USTDA gives emphasis to economic sectors that may benefit from U.S. exports of goods and services.