File - The EDL headquarters is closed with a chain during a protest of contract workers in Beirut, Monday, Aug. 25, 2014. (The Daily Star/Mahmoud Kheir)
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The occupation of Electricite du Liban's (EDL) headquarters is expected to have a dire effect on the revenues of the company next month, a senior manager of the state-owned firm warned Monday.EDL insists that it can only hire 897 workers and cannot accommodate all of the 1,600 of them.The open strike by the contract workers has further aggravated the problems of EDL, which has an annual deficit of more than $2 billion due to the high prices of fuel oil that operates most of the existing power plants.Muzher said EDL collects 95 percent of all the bills, but admitted that electricity theft continued to be a costly problem in many regions. Muzher said one of the reasons EDL had decided to hire 897 workers was so that they could help the company confront the problem of electricity threat.
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