Economy
Électricité du Liban (EDL)
The public institution responsible for electricity generation, transmission, and distribution in Lebanon, suffering from severe financial and technical crises.
Électricité du Liban is a state-owned company established in 1964, holding a monopoly over the electricity sector. For years, it has suffered from a large financial deficit and deteriorating infrastructure, leading to long outages. It relies on treasury transfers and international support. In recent years, discussions have focused on reforms and new tariffs to improve its services.
Written by AI and not yet reviewed by an editor.