Dbeibah reinstates board of directors of GECOL

Dbeibah reinstates board of directors of GECOL

July 03, 2022 - 23:14
Posted in:
Written By: AbdulkaderAssad

The Libyan Prime Minister, Abdul Hamid Dbeibah, has reinstated the board of directors of the General Electricity Company of Libya (GECOL) after less than one week of issuing a decision to suspend them.

The new decision will see the board working as usual until the general assembly of GECOL is convened.

The decision also says that administrative investigations into GECOL's board of directors will continue by the relevant committee.

Last Monday, Dbeibah suspended the board of directors of GECOL and referred them to administrative investigation, appointing Mohammed Ismaiel as temporary CEO to work under his direct supervision amid worsening electricity outages and scorching temperatures and a lack of action by the GECOL.

Despite promised from last year that electricity supplies would be better in the summer of 2022 and that new power plants would join the grid, nothing happened except the fact that old power plants had gone out of service due to shortages in gas supplies following the closure of oil fields and ports.