Electricite du Liban

EDL Extends Lease of Two Power Barges

Electricite du Liban has agreed to extend by three years the lease of two power barges owned by Turkish company Karadeniz Holding and is waiting for finances to be provided, an EDL source told The Daily Star Sunday. The extension was approved by the now-caretaker Cabinet in its final session last month and was recently OK’d by EDL’s board of directors.