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FINANCIAL NEWS
Lebanon’s elect production surpasses 2.200MW
19 Jul 2017
(MENAFN) Lebanon’s elect production has surpassed 2.200MW from 1.650 and 1.700MW a few months ago, as proclaimed state-owned Electricite du Liban.
Currently, amid the plans to enhance elect is the leasing of two extra power barges, construction of new plants and restoring to alternative energy like wind farms and solar energy.
Moreover, the leasing of two new barges is projected to offer the nation with 7 extra hours of elect to be added to the three hours of power produced by the power plants.
Meanwhile, the firm’s deficit reaches USD1.4bn annually, while 8 percent of the deficit is attributable to the cost of fuel oil.
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MENAFN1907201700450000ID1095637804
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