Six out of 16 companies are seeking a $ 500 million tender to develop a power-station east of the capital, said a newspaper here Saturday. KUNA quoted "Al-Destour" (Constitution) newspaper as saying that the National Electric Power Company (NEPCO) assigned by the government, would tender the necessary documents to the developers to start work on the project that would provide 300 to 350 megawatts. The project is within the state's 2007-20 plan to increase electrical capacity by seven percent. According to official statistics, Jordan requires around $ 18 billion to execute projects that will increase its power capacity with the target being set at around 37 percent by 2020.