Palestine Investment Fund is the largest shareholder in Palestine Power Generation Company, the developer of the Jenin Power Plant )JPP( located in Jenin Governorate. JPP is the first of its kind in the West Bank and will be Gas-fired with a production capacity of about 260 megawatts as a first stage, and about 450 megawatts upon completion of its final stages. The station is being developed in partnership with a leading group of Palestinian investors, and it is expected to meet around 40% of the current electricity needs at a total investment cost of approximately 650 million US dollars.
