SSC investments in power generation, renewable energy surpass JD100m

AMMAN — The Social Security Corporation’s (SSC) investments in electricity generation and distribution projects has recently exceeded JD100 million, the Jordan News Agency, Petra, reported on Wednesday.

The Social Security Investment Fund’s president, Kholoud Saqqaf, stressed the importance of investing in traditional and renewable energy, adding that the fund directly and indirectly supports electricity-generation and renewable-energy projects.

The sector contributes to improving sustainable development, in addition to employing a large number of trained workers, Saqqaf told Petra.

She also commended some of the Electricity Distribution Company’s (EDCO) projects dealing with power distribution, praising EDCO’s commitment to safety standards.

The company has completed a number of projects in the last few years to improve the delivery of power to citizens, according to EDCO General Manager Hassan Thneibat.

EDCO also recently completed integrating the SCADA system, which will control all of the company’s main stations, in addition to isolating electrical breakdowns and restoring power, he added.