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IZDEHAR CCGT Power PlantIZDEHAR | Palestine Prosperity Investment & Development|2022-03-07 14:13:47
Project 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|
International Development Institution
Direct jobs: 100/ Indirect jobs: 10 thousand
Reduce Palestine trade account deficit
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|
2024 - Continue development, operated by 2025