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Abbreviations and Measures

(Exchange Rate Effective November 8,2007)
Currency Unit -Lebanese Pound
US$1 = LL1,512

ABBREVIATIONS AND ACRONYMS

BOT Build Operate Transfer
bps Basis Points
CMM Customer Metering Management CHECK
CRA Charles River Associates
DBO Design, Build Operate
ECA Energy Conversion Agreement
EDF Electricit6 de France
EdL Electricite du Liban
GDP Gross Domestic Product
GOL Government of Lebanon
HCP Higher Council for Privatization
IFC International Finance Corporation
IF1 International Financing Institution
IPP Independent Power Produce
ISN Interim Strategy Note
L/C Letter of Credit
LIBOR London Inter Bank Offered Rate
LNG Liquefied Natural Gas
MOEW Ministry of Energy and Water
O&M Operation and Management
PPA Power Purchase Agreement
PIP Public Investment Program
RIDPL Reform Implementation Development Policy Loan
VAT Value Added Tax

 

Vice President: Daniela Gressani
Country Director: Joseph P. Saba
Sector Director: Inger Andersen
Sector Manager: Jonathan D. Walters
Task Team Leader: Anna Bierde

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