Wärtsilä Affiliate Signs Long-Term Power Purchase agreement with Jordan’s NEPCO

Amman Asia Electric Power Co, a special purpose company owned by Korea Electric Power Corporation, Mitsubishi Corporation and Wärtsilä Corporation, has signed a power purchase agreement with National Electric Power Company of Jordan (NEPCO).

Under the 25-year agreement, NEPCO will buy electricity from Amman Asia Electric Power to be fed into the national grid of Jordan.

Amman Asia Electric Power intends to shortly sign an engineering, procurement and construction (EPC) contract with a separate consortium, consisting of two companies, Wärtsilä and Lotte Engineering & Construction of South Korea. The Wärtsilä led EPC consortium is expected to build an approximately 600MW independent power producer plant in Jordan. A separate announcement will be made once the EPC contract is signed.

This follows the announcement by Wärtsilä on 31 January that a consortium consisting of Korea Electric Power Corporation, Mitsubishi Corporation and Wärtsilä Corporation, had been selected by National Electric Power Company of Jordan (NEPCO) to build IPP3, an independent power producer project in Jordan.

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