Lebanese parliament approves $200 mln loan for power generation

Reuters | Beirut | Updated: 29-03-2021 14:38 IST | Created: 29-03-2021 14:30 IST
Lebanese parliament approves $200 mln loan for power generation
Representative image Image Credit: ANI

Lebanon's parliament on Monday approved a $200 mln loan to be allocated for fuel imports for power generation.

The assembly approved the loan after the energy ministry had said there were no more funds beyond March for the electricity company.

The Zahrani power plant, one of Lebanon's four main electricity producers, has shut down after its fuel ran out.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)



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