| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 250.00 |
| Borrowing Agency | 917.00 |
Electricity Sector Efficiency and Supply Reliability Program
Abstract*
The development objectives of the Electricity Sector Efficiency and Reliability Program for Jordan are to improve efficiency of the electricity sector, maintain the supply of transmission grid-connected renewable energy and the reliability of electricity service, and strengthen National Electric Power Company (NEPCO’s) governance. Program for results (PfoR) program boundaries include following results area (RA): RA 1: electricity sector efficiency;... Show More
Development Objective
The Program development objectives are to improve efficiency of the electricity sector, maintain the supply of transmission grid-connected renewable energy and the reliability of electricity service, and strengthen NEPCO’s governance.
Key Details
Project Details
P171296
Active
Mohamed Kamh , Mbuso Gwafila, Yanchao Li
Ministry of Planning & International Cooperation
November 25, 2021
(as of board presentation)
March 31, 2023
August 11, 2023
US$ 2200.00 million
Ministry of Energy and Mineral Resources,Energy and Mineral Resources Commission,National Electric Power Company
2023
US$ 250.00 million
N/A
Not Applicable
February 28, 2028
TBD
BANK APPROVED
April 22, 2024
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 250.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 250.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 2200.00 |
Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Apr 8, 2024 | IBRD-95100 | Loan Disb | 40,000,000.00 |
| Aug 11, 2023 | IBRD-95100 | Loan Disb | 625,000.00 |
| Aug 11, 2023 | IBRD-95100 | Fee Charges | 625,000.00 |
| Aug 29, 2023 | IBRD-95100 | Loan Disb | 62,500,000.00 |
| Oct 15, 2023 | IBRD-95100 | Int Charges | 6,897.05 |
| Mar 31, 2023 | IBRD-95100 | Loan Commitment | 250,000,000.00 |
| Feb 23, 2024 | IBRD-95100 | Loan Disb | 22,000,000.00 |
| Apr 15, 2024 | IBRD-95100 | Int Charges | 20,119.87 |
| Apr 15, 2024 | IBRD-95100 | Int Charges | 2,100,178.50 |
| Apr 15, 2024 | IBRD-95100 | Int Charges | 224,139.77 |
| Apr 15, 2024 | IBRD-95100 | Int Charges | 487,184.70 |
| Oct 15, 2023 | IBRD-95100 | Int Charges | 186,793.66 |
Ratings
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Total cost savings and additional revenues of NEPCO Value JOD 0 In 2023.,NEPCO has achieved 43 M JOD as increased JOD 55 million Date January 31, 2023 December 31, 2023 June 30, 2026 Comment Share of renewable energy in the electricity supply mix Value At least 26% In 2023, NEPCO received more than 3000 GWh of Rene At least 26% Date December 31, 2021 December 31, 2023 December 31, 2025 Comment Improvement of NEPCO's corporate governance Value NEPCO has been partially implementing the elements By December 31, 2023, (a) NEPCO disclosed separate (a) NEPCO continues to implement the adopted 3-yea Date December 31, 2022 December 31, 2023 December 31, 2024 Comment Number of electricity service interruptions per customer Value 0.34 In 2023, SAIFI was 0.2346 Not exceeding 0.5 Date December 31, 2022 December 31, 2023 June 30, 2026 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
EMRC makes appropriate regulatory changes to implement adjustments to electricity loss and O&M expenditure allowances for distribution companies Value No Yes Yes Date January 31, 2023 March 14, 2024 April 30, 2023 Comment Maintaining adequate supply of transmission network connected renewables in the electricity supply mix Value At least 2,530 GWh per year In 2023, as per the final accepted invoices from t At least 2,530 GWh per year Date January 31, 2023 March 14, 2024 August 31, 2026 Comment New investments in transmission-connected electricity generation and storage are economically justified, financially efficient, andclimate responsive Value New transmission-connected generation investments This action is postponed to June 30, 2024 as per G New transmission-connected generation and storage Date January 31, 2023 March 14, 2024 December 31, 2025 Comment EMRC issues the circular on network use charge for self-generators of renewable energy Value No Yes Yes Date January 31, 2023 March 14, 2024 June 30, 2023 Comment NEPCO implements at least 90 percent of its annual maintenance program Value Yes Yes Date January 31, 2023 March 14, 2024 December 31, 2025 Comment Improvement of NEPCO's corporate governance Value NEPCO has been partially implementing the elements By December 31, 2023, (a) NEPCO disclosed separate (a) the Government, as shareholder, maintains the Date January 31, 2023 March 14, 2024 June 30, 2024 Comment Replacement of FSRU with FSU and construction of onshore regasification unit are completed Value No No Yes Date January 31, 2023 March 14, 2024 May 31, 2026 Comment NEPCO receives Attarat Project's mining royalty payments Value NEPCO does not receive royalty payments due by Att NEPCO received 15 M JOD in royalty payments from A NEPCO receives royalty payments due from Attarat P Date January 31, 2023 March 14, 2024 June 30, 2026 Comment