EDL says that Lebanon will “stop importing electricity from Syria except in cases of necessity.” (The Daily Star/Mahmoud Kheir)
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State-owned Electricite du Liban has proposed an increase in tariffs to boost power supply by two hours across Lebanon without increasing an annual deficit hovering around $2 billion, showed a study filed by the company to both the Energy and Finance ministries.The proposed increase in tariffs would lead to a two-hour increase in electricity supply across Lebanon, provided that the government channels the same amount of funds to EDL as in 2013, according to the study. According to EDL, the state-owned company was instructed by the Finance Ministry not to exceed an annual deficit of $1.8 billion. EDL argued that it isn't possible to raise the tariffs to fully cover the deficit before ensuring 24 hours of daily electricity supply.According to the EDL proposal, the Finance Ministry said in a memo that it doesn't object to an increase in tariffs based on a decision by the EDL board.
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