Libyan Internal Investment Fund, GECOL agree on new projects to solve electricity crisis
General Electricity Company of Libya (GECOL) has agreed with the Libyan Fund of Internal Investment (LFII) for carrying out a set of new power plants’ projects in the area of western, eastern Tripoli and Misurata as well as in Tobruk in east Libya. .
The Media Bureau of the Head of the Government of National Accord and its Presidential Council, Fayez Al-Serraj said Wednesday that GECOL will begin the projects this year and will aim to end them between 12 and 18 months ahead with a capacity of over 2000 megawatts.
“The projects then will be joining the general electricity network immediately after they are done.” The media bureau cited GECOL as saying.
Libya has been troubled with the outages of power for three years now with every year becoming worse than the previous one, leading to the suffering among residents as they would have to bear with both hot weather and no electricity or cold weather and also no electricity.
How to submit an Op-Ed: Libyan Express accepts opinion articles on a wide range of topics. Submissions may be sent to oped@libyanexpress.com. Please include ‘Op-Ed’ in the subject line.
- How Moscow uses Libya to blackmail Europe - March 10, 2025
- Bank card fees slashed as governor boosts cash access - March 10, 2025
- New Lockerbie trial looms as top detective breaks silence - March 09, 2025