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Projects Under Implementation
IZDEHAR CCGT Power Plant
IZDEHAR | Palestine Prosperity Investment & Development|2022-03-07 14:13:47Project Overview :
- Contribute to filling the demand gap for electricity by 15%.
- Substitute the Israeli Electricity Supply which is 90%.
- Establishing a Combined Cycle Gas Turbine power plant with a capacity of 200 MW.
- Producing around 1,600 MKWH/Year.
Project Sponsors | Project Impact |
Izdehar Palestinian Authority International Development Institution | Direct jobs: 100/ Indirect jobs: 10 thousand Reduce Palestine trade account deficit Economic Independence. Enabling growth in industrial projects Attracting regional and international capitals and financing |
Project Timeline | Project Highlight | |
2021 - Temporary license | ![]() | 3 Gas Turbine, 1 Gas Turbine, NG pipeline |
2022 - Implementation Framework, and PPA | ![]() | US $287 million investment |
2023 - Financial closing, project development | ![]() | 30% Equity |
2024 - Continue development, operated by 2025 | ![]() | 16% IRR |