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Libya’s fractured authorities plan to push ahead with two power generation projects, despite political struggles that have seen the country without a unified government for six years and energy sector investment stagnant.
Greece’s Metka has announced an agreement with the General Authority for Electricity and Renewable Energy of Libya (Gaerel) for a 500MW gas/oil fired power plant at Tobruk. Gaerel appears to be a rival to state generator General Electric Company of Libya (Gecol) set up by the Tobruk-based House of Representatives, Libya’s internationally recognized parliament.
Metka says Gaerel awarded it a $380mn engineering, procurement and construction (EPC) contract for a 500MW plant comprising three General Electric gas turbines, which are scheduled to be built within 9-11 months of the contract being finalized. (CONTINUED - 513 WORDS)