The Ministry of Energy & Water announced that the Lebanese Group Matelec, which specializes in power generation, transmission and distribution, won a $97m bid to install three compressed gas-insulated substations with a capacity of 220 kilovolt for Electricité du Liban in each of the southern suburbs of Beirut, the El-Bahsas area near Tripoli, and in Achrafieh.
It expected the project to be completed in the 24 months period following its endorsement by the Council of Ministers. The ministry indicated that this project is part of its electricity plan that aims to raise electricity production in the country by 700 Megawatts. The Matelec Group is part of Doumet Electrical Holding and employs more than 1,000 persons in the Middle East, Africa and Europe.
Lebanon This Week – Byblos Bank
10 June