The project targets the « Financial and engineering support to Electricité du Liban (EdL) ».
The objectives of this assignment are:
• To help EdL improve its performance with a focus on technical and procurement, commercial and financial aspects during the interim period between the beginning of the assignment and the moment the restructuring is implemented;
• To assist in the restructuring transition activities of EdL by:
o Participating in the review of reports prepared by corporate restructuring and electricity trading arrangements consultants;
o Participating in the corporate restructuring;
o Ensuring the availability of reliable information to the corporate restructuring consultants as well as to the privatisation transaction advisors for the downstream privatization of a restructured EdL.