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Audit Bureau: corruption in electricity sector caused the loss of more than 2,700 megawatts

During the latest correspondence sent to Libya’s Presidential Council, the Libyan Audit bureau did not only cover the negligence and deficiencies in operating power stations, but also the misdirection of resources, which had negatively affected the production, causing the loss of more than 2,700 megawatts.

According to the Libyan Audit Bureau, the report highlighted the negligence of repairs and regular maintenance, in addition to the delay in the scheduled maintenance for several years despite the availability of spare parts.

In its correspondence, the Libyan Audit Bureau recommended that an urgent meeting at GECOL general assembly should be held in order to take action on violations in this regard.

It should be noted that the Audit Bureau head accused GECOL of serious mismanagement that has contributed to Libya’s chronic electricity shortage. He specifically accused it of wasting LD 3 bn in new construction contracts for new power stations of which he said not even one percent had been implemented.

He said GECOL insisted on signing new electricity generation contracts instead of following the report that recommended spending money on maintenance of existing power plants. Spending money on maintenance would have been much more cost efficient, he said, and insisted this is still the case now.

Shakshak said that with better power plant maintenance and better management GECOL could have generated another 2,000 MW of power to take Libya’s generation from 5,000 MW to 7,000 MW. This would have made up much of the power generation deficit that has continued to cause acute power cuts often of 6,8 and 12 hours per day.

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