Korean construction company, Hyundai Engineering & Construction Co., has officially resumed its work on the new 1400 megawatt Tripoli West power station.

The steam power station, which is close to completion, will be used to help meet the electricity demand in Libya.
In recent years, Libya has been facing a domestic electricity shortage for a variety of reasons, including long-term increases in demand.

Although the General Electricity Company of Libya (GECOL) has stated that the country’s electricity sector achieved record production this summer, the need for projects like the Tripoli West station remains. Opportunities for companies in this space are likely to increase, as the country’s supply demands continue to rise.

In the meantime, GECOL reports that a number of its projects involving international companies have now resumed. It is understood that companies from Italy, Egypt, Turkey and the US (among others) have lifted their force majeures on traditional and renewable energy projects and are resuming work.

Our team at Eltumi & Co specialise in energy and infrastructure projects. We track developments in these sectors in order to provide commercial legal support to businesses operating in the sector. Follow our LinkedIn page for ongoing updates and insight.