NEPCO accumulated losses reach JD4.98 billion
NEPCO accumulated losses reach JD4.98 billion
AMMAN — The National Electric Power Company (NEPCO) on Thursday announced that its losses in 2020 amounted to JD61.7 million compared with JD275,000 in profits in 2019. NEPCO’s accumulated losses have reached JD4.982 billion.
According to NEPCO’s financial report, cited by the Jordan News Agency, Petra, the pandemic resulted in a fixed demand on electricity, compared with 2019.
Meanwhile, the company had expected the electricity demand to grow by 2.5 per cent in its 2020 budget.
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