PADICO HOLDING in partnership with a group of Palestinian and regional companies established The Palestine Power Generation Company (PPGC) in 2010, as the first power station in the Northern West Bank. The investment initiative comes as part of the Energy Authority and Natural Resources plans to meet the growing needs for energy in Palestine. PADICO HOLDING has a 20% share in Palestine Power Generation Company.
The project is underpinned by a successful partnership between the private and public sectors, as the station abides by the concept of build, operate and own (BOO(
