Lebanon expects four hours of electricity production by January

Lebanon expects four hours of electricity production by January

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2022-12-07 | 13:40

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Lebanon expects four hours of electricity production by January

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Lebanon expects four hours of electricity production by January

When the government of Prime Minister Najib Mikati approved the emergency plan aimed at increasing the hours of electricity supply, the program was based on two main pillars:

The first is represented by Electricité du Liban (EDL) raising the kilowatt tariff to 27 cents per kilowatt after one hundred kilowatts of consumption and ten cents for the first hundred kilowatts. That was implemented starting in November.

The second pillar is purchasing fuel and gas oil to increase production from the plants, at a value of $600 million, to be paid by the central bank (BDL) over five months. This is directly linked to the new price to help EDL to purchase the required quantities later. This initial plan promised the Lebanese that it would provide them with between 8 and 10 hours of daily power supply.

The tariff was raised, and the tenders for the purchase of fuel and gas oil were completed, but the expected ten hours soon fell to less than half, and the reason is the central bank.

On Tuesday evening, a meeting related to the