Future Projects Qatar
 
Monday, April 23, 2018
Directory Directory Subscribe
Login
 

Three wind farms in Lebanon’s Akkar region get licensed

 
 

Please, enter data

Please, enter data

businessnews.com.lb, 17 July 2017

The Council of Ministers approved three permits for private companies to operate wind turbines for electricity.

The permits will be operated by Hawa Akkar, Sustainable Akkar, and Lebanon Wind Power. They will be used for the production of 200 megawatts (MW) of wind power, according to Pierre Khoury, Chairman of the Lebanese Center for Energy Conservation (LCEC).

All three wind farms will be located in Akkar.

A Power Purchase Agreement (PPA) will be signed with the three companies within three months.

“The Ministry of Energy and Water was commissioned by the Council of Ministers to renegotiate prices agreed upon with the companies,” he said.

The three companies have agreed to sell Electricité du Liban power for 11.3 cents per kilowatt hour.

“We will see if the prices can be lowered further. Prices remain feasible between 10.1 and 11.3 cents,” he said.

Khoury said: “This is the first time since private power sale was sanctioned in 2002 by Law 462 and updated in 2010 by Law 288, for the private sector to sell power to the state.”

The ministry has three weeks to renegotiate prices. Upon signing the PPA, the three companies will have 18 months to complete the Environmental Impact Assessment and other safety checks. After this, they will have 18 months to complete the building of the wind farms.

The wind tender was launched in 2013. It is part of a 2010 national strategy for the production of energy through multiple sources.
businessnews.com.lb
17 July
 

  COMMENTS
Login to Add Your Comment  (for subscribers) | Subscribe

 

Latest News

Transport: EIB to invest 800 million euro in Lebanon
ANSAmed, 16 April 2018

Lebanon will receive up to 800 million euro of support to public investments by 2020. So said President of the European Investment Bank (EIB), Werner Hoyer.
...

Read full story
Transport: EIB to invest 800 million euro in Lebanon
Lebanon to host 2019 Arab Economic and Social Development summit
The Daily Star, 15 April 2018

Lebanon will host the 2019 Arab Economic and Social Development Summit, the state-run National News Agency reported Sunday.

The AESD was formed as ...

Read full story
Lebanon to host 2019 Arab Economic and Social Development summit
French trade delegation to visit Egypt April 22
Egypt Today, 15 April 2018

A delegation grouping a number of French companies operating in the domains of agriculture, health, environment, gas, and petroleum will visit Egypt on April ...

Read full story
French trade delegation to visit Egypt April 22
IFP & Federation of Arab Engineers Announce Reconstruction of Destroyed Cities
ifpinfo, 13 April 2018

IFP (International Fairs and Promotions) and the Federation of Arab Engineers announced throughout a dedicated press conference held at the headquarters of the ...

Read full story
IFP & Federation of Arab Engineers Announce Reconstruction of Destroyed Cities
Back to Home Page 1709 --- 0 <><><> 452.83333333333.....exvideo=0....eximage=0
P 0
BR 21

Wet Infrastructure Summit

 
The Annual Future Drainage & Stormwater Networks Abu Dhabi
2 - May 2018
Wet Infrastructure Summit
2 - May 2018
Future Civil Defense
7 - May 2018
Future Projects Qatar 2018 Conference
7 - May 2018
Entertainment KSA
3 - September 2018
 
  View more  

Market Indecies
 
Saudi SE - 2.32%
Dubai FM - 4.53%
Abu Dhabi SE - 3.99%
Kuwait SE - 1.51%
Doha SM - 8.36%
Muscat SM - 6.18%
Casablanca SE Closed
Bahrain SE - 0.98%
Cairo SE Closed
Amman SE - 1.12%
 

Future Projects Qatar

Quick Links
  Reports  
  Articles  
  Brochures & Flyers  

Up-coming events
  Beirut Boat - 9 May - 13 May 2018  
  Project Lebanon - 26 June - 29 June 2018  
  Energy Lebanon - 26 June - 29 June 2018  
IFP Group Events Calendar

Magazine sections
  Finance  
  Zoom  
  Growth Markets  
  Regional Overview  
  Editorial  
  Tips and Tricks  
  Spotlight  
  Home Finance  
  Our Meetings
 
  Focus
 
  News
 
  Legal Issues
 

 

               
IFP Corporate
• IFP Emirates
• IFP Lebanon
• IFP Qatar
• IFP Iraq
• REC Saudi Arabia
• IFP China
Lebanon
Beirut Boat
Energy Lebanon
Project Lebanon
Qatar
Heavy Max
Hospitality Qatar
Project Qatar
Qatar Hospital Build
Qatar School Build
Qatar Sports Infrastructure
Qatar StoneTech
Qatar Transport & Logistics
Iraq
Iraq Agrofood Baghdad
Project Iraq Baghdad
Saudi Arabia
Riyadh Motor Show
 
 
  IMC
IFP Group 2018 - © All rights reserved