Jordan, EU to sign grant agreement worth €40 million
Amman (IINA) – Jordanian Minister of Energy and Mineral Resources Ibrahim Saif said Jordan will soon sign with the European Union a grant agreement for the second Renewable Energy and Energy Efficiency Program with an additional budget of 90 million euros, Petra reported.
The minister was speaking during a ceremony on Thursday on concluding the Technical Assistance to the Renewable Energy and Energy Efficiency Program, which was funded by the EU. He underlined the important role of the project in assisting the national strategic plan of the energy sector.
The minister also commended the EU role in supporting Jordan to strengthen its local energy resources, especially renewable energy that reduces the cost of the energy bill.
For his part, EU Ambassador to Jordan Andrea Matteo Fontana highlighted the importance of the project which provides substantial support for the development of investments in the renewable energy sector.