VOL. XXXIX
No. 46
12-August-1996
LEBANON
EIB Lends Lebanon $20Mn For Electricity Projects
The European Investment Bank (EIB) has agreed to lend Lebanon ECU16mn ($20mn) to help finance the upgrading of the electricity network in Beirut. The work involves the installation of a 222KV power loop in the capital comprising 38 kms. of underground cables plus three high/medium- voltage transformer stations linked to the principal 225KV transmission grid by two main substations. The project,...
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