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1711_SECAP Karak - SET

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Other previous<br />

studies<br />

Environmental<br />

impact assessment<br />

Not available<br />

An environmental impact assessment study will be done before the implementation stage.<br />

3. Organization and procedures<br />

Formal approval<br />

To be discussed with the Municipality<br />

Staff allocated to prepare, implement and monitor<br />

the action<br />

Responsible staff from the municipality<br />

Technical Assistance Needs<br />

Legal responsible body<br />

<strong>Karak</strong> Greater Municipality.<br />

Municipal / City Staff Training Needs<br />

Need awareness training for the benefits of the project.<br />

Role of Partners<br />

Need the experience of the National Energy Research To prepare the initial assessment, tendering, supervising on the installation<br />

Center.<br />

and commissioning.<br />

4. Cost Estimates<br />

Initial and start-up<br />

expenses<br />

Operational Costs<br />

(approx.)<br />

Annual Income<br />

(approx.)<br />

5. Funding Sources<br />

11,790,000€<br />

9,000,000 JOD<br />

2,002,073 € (including<br />

maintenance)<br />

1,528,300 JOD (including<br />

maintenance)<br />

Electricity production=<br />

1,131,840€<br />

Fertilizer production =<br />

3,289,410 €<br />

Total=4,421,250€<br />

Electricity<br />

production=864,000JOD<br />

Fertilizer production<br />

=2,511,000 JOD<br />

Total=3,375,000 JOD<br />

Funding Source<br />

Net Present Value (NPV)<br />

12,013,284 €<br />

9,170,445 JOD<br />

Fund<br />

Return of Investment (IRR)<br />

20%<br />

Local Authority’s own resources<br />

Will be determined later<br />

National Funds and Programs<br />

International Financial Institutions<br />

EU Funds & Programs and other external<br />

funds<br />

Public-Private Partnerships<br />

Lined up Private Investments<br />

Loans and Potential Borrower<br />

Expected Annual Cost Savings to City Budget<br />

121

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