Mobile  |  About us  |  Photos  |  Videos  |  Subscriptions  |  RSS Feeds  |  Today's Paper  |  Classifieds  |  Contact Us
The Daily Star
FRIDAY, 18 APR 2014
09:00 AM Beirut time
Weather    
Beirut
17 °C
Blom Index
BLOM
1,214.01down
Lebanon
Follow this story Print RSS Feed ePaper share this
Bassil signs $37M plant repair pact
File - Caretaker Energy Minister Gebran Bassil speaks during a press conference in Beirut, Friday, Feb. 15, 2013. (The Daily Star/Mohammad Azakir)
File - Caretaker Energy Minister Gebran Bassil speaks during a press conference in Beirut, Friday, Feb. 15, 2013. (The Daily Star/Mohammad Azakir)
A+ A-

BEIRUT: Lebanon Tuesday signed a $37 million contract with Matelec, a company specializing in power units and generators, to rehabilitate 11 electricity plants.

The contract was signed between caretaker Energy and Water Minister Gebran Bassil and head of Matelec Sami Sagher.

The contract was part of Bassil’s 700 MW energy project which he started three years ago.

Bassil, who is struggling to keep his post in the new Cabinet, signed several contracts in 2013 to build small- and medium-size power plants in the north and the south.

He said Lebanon would gradually see an improvement in electricity supplies in the coming months.

“By the end of this summer, Lebanon will receive 20 hours of electricity a day and if everything goes according to plan the country will have 24 hours of electricity in 2016,” he added.

The initial project was to have 700 MW, “but now we have exceeded the 700 MW and have 810 MW,” he said, adding that he had saved $100 million while boosting the original plan by 100 MW.

He expects the Deir Ammar plant to be completed by the end of 2015 and to have full electricity at the beginning of 2016.

 
A version of this article appeared in the print edition of The Daily Star on January 29, 2014, on page 5.
Home Lebanon
 
     
 
Bassil / Lebanon / Economics
Advertisement
Comments  

Your feedback is important to us!

We invite all our readers to share with us their views and comments about this article.

Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.

comments powered by Disqus
Story Summary
Lebanon Tuesday signed a $37 million contract with Matelec, a company specializing in power units and generators, to rehabilitate 11 electricity plants.

The contract was part of Bassil's 700 MW energy project which he started three years ago.
Entities
Advertisement


Baabda 2014
Advertisement
Follow us on Facebook Follow us on Twitter Follow us on Linked In Follow us on Google+ Subscribe to our Live Feed
Multimedia
Images  
Pictures of the day
A selection of images from around the world- Thursday April 17, 2014
View all view all
Advertisement
Rami G. Khouri
Rami G. Khouri
Silencing Ayaan Hirsi Ali’s hate talk
Michael Young
Michael Young
Why confuse gibberish with knowledge?
David Ignatius
David Ignatius
Putin will keep rolling, until Obama says no
View all view all
Advertisement
cartoon
 
Click to View Articles
 
 
News
Business
Opinion
Sports
Culture
Technology
Entertainment
Privacy Policy | Anti-Spamming Policy | Disclaimer | Copyright Notice
© 2014 The Daily Star - All Rights Reserved - Designed and Developed By IDS