Lebanese energy minister Gebran Bassil has announced a $5bn plan to overhaul the country's decaying power sector and provide it with 24-hour electricity in four years, Reuters has reported. The plan calls for the production of 4,000 megawatts of electricity by 2014 at a total cost of $4.87bn. The government will provide $1.5bn, the private sector $2.32bn and international donors will contribute $1bn, he said. The state-owned Electricite du Liban (EdL) can only meet two-thirds of peak demand of 1,650 megawatts, which means the average supply of electricity per day is 18 hours.