Lebanese Matelec gets $ 108 million contract to install transformers
The government signed a $108 million contract with Lebanese company Matelec on Friday to buy and install three gas-run transformers for three power plants in Tripoli, Ashrafieh and southern suburbs. Energy and Water Minister Gebran Bassil and the general manager of Matelec Sami Saghyer signed the contract at the company’s factory in Byblos.
ab98897d60eaa0d05c1862c118538407
The government signed a $108 million contract with Lebanese company Matelec on Friday to buy and install three gas-run transformers for three power plants in Tripoli, Ashrafieh and southern suburbs. Energy and Water Minister Gebran Bassil and the general manager of Matelec Sami Saghyer signed the contract at the company’s factory in Byblos.
“This contract is part of an emergency plan to increase electricity production,” Bassil told reporters after the signing. He added, “We are happy that a Lebanese company won the contract and we are also happy that the signing took place at the factory of the firm.”
The transformers will boost electricity supply following the increased demand.
In April 2013, Bassil signed a $ 470 million contract with J&P-AVAX for a new 538 MW power plant in Deir Ammar, near Tripoli. He later stated that the new power plant’s capacity could increase to 565 MW if the General Electric-manufactured turbines were converted to natural gas.
The construction of the new plant should be completed within 25 months.
Source: The Daily Star
#Lebanese company Matelec#Matelec#Matelec Ashrafieh#Matelec three power plants#Matelec transformers contract#Matelec Tripoli