AMMAN —The Investment Ministry on Monday organised the inaugural meeting to prepare a feasibility study for a pumped-storage hydropower project in Wadi Mujib, attended by Energy and Mineral Resources Minister Saleh Kharabsheh, Investment Minister Tareq Abu Ghazaleh and German Ambassador to Jordan Bertram von Moltke.
The project, a first of its kind in the Kingdom, aims to establish a 450-megawatt closed-loop pumped-storage hydropower plant to enhance the flexibility and sustainability of the electricity system.
Participants reviewed key aspects of the feasibility study, attended by the water and energy programme coordinator at the German Agency for International Cooperation (GIZ), the secretary general of the Ministry of Water and Irrigation.
The meeting was attended also by the director general of the National Electric Power Company and the head of the public-private partnership (PPP) unit at the Investment Ministry, along with representatives from the ministries of planning and finance.
Investment Minister Tareq Abu Ghazaleh, noted that the project reflects the government’s commitment to strategic initiatives that enhance energy security and support sustainability, stressing that it represents an advanced public-private partnership model and underscores the Kingdom’s shift towards a more competitive investment environment.
“The project aligns with the government’s executive programme to develop a competitive investment environment based on efficiency and diversified opportunities across sectors,” he said, according to the Ministry of Investment statement.
Abu Ghazaleh stressed that cooperation with international partners, particularly Germany, is key to the success of such projects and achieving sustainable development goals.
Energy and Mineral Resources Minister Saleh Kharabsheh, said the pumped-storage project in Wadi Mujib represents a strategic infrastructure investment to enhance energy security and reduce costs, noting that it aligns with the latest global technologies and best practices.
He added that the project aims to improve energy management, enhance the reliability and efficiency of the electricity system and support the expansion of green energy production, while contributing to diversifying energy sources and ensuring the long-term sustainability of the power system.
German Ambassador von Moltke highlighted the project’s importance as a first step in developing electricity storage projects in the Kingdom and a strategic initiative supporting energy security, affirming Germany’s commitment to continued support for Jordan in key sectors, particularly energy and water, in a way that strengthens bilateral partnership.
The project is part of a PPP framework, with a comprehensive study covering technical, legal and financial aspects to be prepared ahead of issuing the project tender in the third quarter of 2026, in line with best practices in the sector.
It is also supported by the German Federal Ministry for Economic Cooperation and Development (BMZ) and implemented in cooperation with the German Agency for International Cooperation (GIZ), as part of efforts to enhance governance of the water-energy-food-environment nexus, according to the Ministry's statement.