The Policy Paper for the Electricity Sector that was endorsed by the Council of Ministers in 2010 depicted the necessary initiatives needed to reform the Lebanese Electricity Sector in order to ensure a reliable electricity supply and quality of service while ensuring a balance in the sector’s fiscal budget and the elimination of its deficit.
The Ministry of Energy and Water – MoEW has been working in cooperation with the World Bank on updating the Electricity Policy Paper to achieve two main targets of reducing EDL’s financial deficit and improving the electricity supply. These will be achieved in the short & long term through fast track public & transparent tenders that will be launched for the supply of electricity in partnership with the private sector at competitive prices with minimal environmental impact.
The plan will adopt the highest standards for transparency and competitiveness using an international bidding process that will ensure a fast supply of clean electricity at competitive prices. For this purpose, a temporary short term solution and a permanent long term solution will be merged into a single transaction.
Hence, the proposed solution shall incorporate both the short term and the long term components in addition to the three ingredients of the integrated solution which are: the generation plan and technology, the fuel sourcing strategy and the type of fuel used, in addition to strengthening the grid at the proposed sites.