Enefit Consortium Reaches Agreement with Jordanian Government
OREANDA-NEWS. June 4, 2012. Enefit together with its partners, YTL Power International Berhad of Malaysia and Near East Investments of Jordan, reached agreement with the Jordanian Ministry of Energy and Mineral Resources and the National Electric Power Company on the terms of the contracts which will underpin the development of
The Enefit consortium has conducted an extensive exploration programme and developed a mining plan and technical concept for the power plant since having been awarded rights over the mining area in July 2010. Reaching an agreement over the terms of project contract allows the project to proceed to the next stage of running a tender for the main engineering, procurement and construction package, which is now expected to commence within the next month.
The Minister of Energy and Mineral Resources, His Excellency Alaa Batayneh commented: „"We highly appreciate the cooperation with the Enefit led consortium. Using oil shale as an energy source will mean a fundamental shift for