Attarat Power Company (APCO) has secured financing for the construction of a $2.1bn oil shale fired power station and open cast mine in Jordan.
The finance was won from a consortium of Chinese banks for the plant to be built at the Attarat um Ghudran oil shale deposit, approximately 100km south east of Amman.
The 554 MW(gross)/470MW net oil shale fired mine mouth power station is scheduled to enter service in mid-2020.
APCO is jointly owned by Malaysia’s YTL Power International with 45 per cent stake, China’s Yudean Group with 45 per cent stake and Enefit with 10 per cent interest.
Featuring two generation units, the project will utilize Jordan’s abundant oil shale reserves and is expected to help reduce the country’s dependency on oil and gas imports. It is expected to meet 10-15 per cent of power demand annually in the country.
In 2014, China Energy Engineering Group subsidiary Guangdong Power Engineering was awarded fixed-price engineering, procurement and construction contract by APCO for the mine mouth oil shale fired power plant.
The entire electrical capacity and net electrical output from the facility will be sold to Jordan’s National Electric Power (NEPCO) under 30-year agreement signed with APCO.
Foster Wheeler will be responsible for providing the circulating fluidised bed boilers for the project while Siemens will supply the steam turbine generators. Worley Parsons will provide the plant design.