Tobruk Municipality Signs Deal With Greek Firm METKA To Build Power Station

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Tobruk Municipality announced that it had reached a deal with the Greek firm METKA to establish a gas-powered electricity plant with a production capacity of 740 megawatts.

The Mayor of Tobruk Municipality, Faraj Boual Khattabia, and the General Director of the General Electricity Company of Libya (GECOL), Ibrahim Al-Falah, held a meeting on Saturday with METKA’s CEO, Kostas Horinos, to finalize the agreement.

The Libyan side has agreed to hand over the site to the Greek company through the Municipal Projects and Urban Planning Office and the General Electricity Company.

“METKA will start supplying equipment and installations very soon. The first unit will be operated after 6 months,” the statement said. The statement added that the project timeline was 15 months, with a financial value of 550 million Libyan dinars (LYD).

METKA is the Sustainable Engineering Solutions business unit of MYTILINEOS S.A. undertaking the development and implementation of sustainable engineering projects, as well as the construction of thermal power plants and selected infrastructure projects.

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