General Electric lands Euro 33 m ‘direct contract’ for electricity maintenance work

By Sami Zaptia. London, 25 July 2018: The Faiez Serraj-led Libyan Presidency Council issued a decree (1060/2017) yesterday (dated 16 July) authorizing the state-owned General Electricity Company of Libya (GECOL) to ‘‘contract directly’’ with the General Electric Company (GE) of the United States. The contract is worth Euro 33.3 million with 25 percent (Euro 8.3 … Continue reading General Electric lands Euro 33 m ‘direct contract’ for electricity maintenance work