The General Electricity Company of Libya (GECOL) stated that South Korea’s Hyundai company has resumed work on the West Tripoli Steam Power Plant project, comprising 4 units with a total capacity of 1400 megawatts.
According to the statement, Mohammed Al-Mishai, GECOL’s Chairman, inaugurated the project’s resumption ceremony. The event was attended by the minister-counsellor of the South Korean Embassy, the project manager, directors of the company’s departments, and energy stakeholders.
GECOL added that this project will significantly contribute to stabilizing the electrical grid across the country upon its completion. Meanwhile, Hyundai’s project director confirmed that the company would complete the project according to the agreed-upon schedule.
Al-Mishai emphasised the importance of enhancing the efficiency of the public electricity network by adding new generation units. This is part of a package of strategic projects aimed at achieving reserves exceeding demand to ensure the sustainability of power supply.
Last September, Hyundai Motor Group has announced a $1.1 million dollar contribution to aid Libya and Morocco, in their recovery following severe floods and earthquakes.
The donations come from the four affiliates of Hyundai Motor Group (Hyundai Motor Company, Kia, Hyundai Engineering and Construction, and Hyundai Engineering).
These funds are split between, $500,000 for Morocco and $600,000 for Libya. These will be channelled to the International Federation of Red Cross and Red Crescent Societies (IFRC), through the Korean Red Cross.
In a statement by the group, it stated that Hyundai’s Libyan distributors have supported 30 truckloads of relief supplies, such as food and blankets.
In another context, the Libyan Attorney Generals’ Office revealed that the fire at the warehouse of the Electrical Works Company, a subsidiary of the General Electricity Company of Libya (GECOL), was deliberate, estimating the fire’s losses at around 179 million euros.
In a statement issued on April 21 that the Attorney General’s office stated that the fire was an attempt to conceal embezzlement involving officials in administrative, commercial, warehouse, security, and safety affairs, along with two security guards at the company. The fire occurred at the company’s warehouses in the Al-Krimiah area, south of Tripoli.
