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OFFON
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  2. Equities
  3. Jordan
  4. Amman Stock Exchange
  5. Irbid District Electricity Co. Ltd.
  6. Company
    IREL   JO3101011018

IRBID DISTRICT ELECTRICITY CO. LTD.

(IREL)
  Report
SummaryChartsNewsCompanyFinancials 
Business Summary
Irbid District Electricity Company PSC is a Jordan-based public shareholding company, which is engaged in the electric utilities sector. The Company is mainly engaged in the generation, transmission and distribution of electric power for the entire concession area, which includes the governorates of Irbid, Mafraq, Jerash, Ajloun and parts of Balqa governorate. The Company’s concession area represents approximately 20% of the total area of Jordan, covering more than 20,000 square kilometers. Irbid District Electricity Company PSC’s services include the following: Pay the Bills, Billing Inquiry, How to Query Joint Accounts, a Service Request from the Company, as well as Electronic Payment of Bills.
Sales per Business
2020
Regular Subscribers - Residential99.7039.4%
Commercial28.1111.1%
Water Pumps25.8810.2%
Regular Subscribers - Non-residential and Government Departments20.768.2%
Street Lighting16.926.7%
Agricultural Sector14.835.9%
Medium Industrial14.665.8%
Jordanian Armed Forces9.223.6%
Agricultural / Trio Tariff7.372.9%
Small Industrial5.352.1%
Telecommunication5.022%
Banking1.900.8%
Depreciation Difference1.360.5%
Trade/Agricultural0.640.3%
Private Hospitals0.320.1%
Temporary Meters0.310.1%
Regular Subscribers - Employee Housing0.260.1%
Radio and Television0.180.1%
Hotels0.090%
Electrical Shipment Vehicles0.040%
JOD in Million
Sales per region
20192020Delta
Jordan261.47100%252.93100% -3.27%
JOD in Million
Managers
Name Title Age Since
Basshar Youssef Ali Al-Tamimi Chief Executive Officer 41 2020
Fayez Saitan Abdul Qader Al-Qawasmeh General Manager-Financial Affairs 62 -
Anas Abdulfattah A. Hamid Al-Farwati General Manager-Operations & Maintenance 39 2003
Tariq Mohammed Sami Nassir Secretary & General Manager-Administration 43 2015
Fadi Mohammed Khalid Enad Kheris Manager-Legal Department 44 2004
Sofian Abdul Fattah Sadiq Hamdan Manager-Internal Audit Department 41 2005
Members of the board
Name Title Age Since
Ahmad Maher Hamdi Tawfiq Abuelsamen Chairman 64 2020
Abdel Karim Abdel Rahman Salameh Al-Malahmeh Vice Chairman 69 2011
Jawdat Mohammad Abdul Karim Musadeh, Dr. Non-Independent Non-Executive Director 68 2016
Nasser Awwad Mohammed Al-Khalidi Director 54 2020
Mohamed Khair Hisham Hassan Al Sabbagh Director 58 2020
Nabil Qasim Muhammad Hilat, Dr. Director 64 2020
Jamal Abdullah Yusef Jasim Al Saleem Director - 2021
Qublan Mohammad Radwan Al Sharif Director - 2021
Hamad Akayel Awwad Al Karazneh Director - 2021
Firas Sami Mutleq Abu Al Ghanam Director - 2021
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 8,000,000 1,022,960 12.8% 0 0.0% 12.8%
Shareholders
NameEquities%
Kingdom Electricity Co. PSC 4,436,800 55.5%
City of Irbid 664,137 8.30%
Yarmouk University Endowment 400,016 5.00%
Mohamed Saleh Ibrahim Ali Jaber 346,240 4.33%
City of New Ramtha 134,957 1.69%
City of Jerash 131,352 1.64%
City of West Irbid 109,757 1.37%
City of New Mazar 105,597 1.32%
Government of Jordan 102,640 1.28%
City of Al Nasim 96,238 1.20%
Company contact information
Irbid District Electricity Co.
Rateb Bataineh Street
Irbid 21110

Phone : +962.2.7201500
Fax : +962.2.7245495
Web : http://www.ideco.com.jo
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