By Moutaz Ali.
Tripoli, 13 May 2014:
The cabinet agreed to establish a . . .[restrict]new Libyan electrical holding company last night after the legality of the General Electricity Company of Libya (GECOL), which has foreign subsidiaries, was called into question.
“The establishment of a holding company was the right decision because it has made GECOL and is subsidiaries more legal,” Wesam Ben Shaban, the media coordinator for the Ministry of Electricity told the Libya Herald. In future, GECOL will only be responsible for the operation and maintenance of the system, while the foreign subsidiaries will control the import of electrical stations, cables and other equipment.
With the onset of summer and Ramadan quickly approaching, Tripoli residents are nervous that the city will experience power outages similar to those of last summer. Many people have even considered purchasing generators for their homes. However, Lutfi Ghoma, spokesman of the GECOL, told the Libya Herald, “We are making a significant effort prevent power outages and to furnish the capital and all the other Libyan cities with adequate electricity, and we plan to use additional generators to make up for any deficiencies.” [/restrict]
