Board meeting in session

Board Chairman Praises Members for support

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Abidjan, Thursday, November 24, 2016 – The Chairman of the Board of Directors of TRANSCO CLSG is pleased with the level of supports shown by members of the Board in the implementation of the CLSG interconnection project that links Cote d’Ivoire with Liberia, Sierra Leone and Guinea.

In a brief opening remarks at the 11th Board meeting held on Thursday, November 24th, at Hotel Ivoire in Abidjan, Mr. Amdou Traoré acknowledged the resilience and the efforts of his Board in making sure key deliverables are met for the effective implementation of the energy project. He urged his colleagues to continue to show their unwavering support in the process.

Mr. Traoré is the Chief Executive of Société des Énergies de Côte d’Ivoire (CI-ENERGIES), the state-owned company in charge of planning and implementing investment projects in the electricity sector in Cote d’Ivoire.

Also in a statement, the General Manager of TRANSCO CLSG, Mr. Mohammed Sherif said the company’s pledge to deliver result remains unwavering. “Mr. Chairman and members of the Board of Directors, I am pleased to inform you that the state of the CLSG project remains on the right trajectory as we are already on the path to delivering the desired outcome – to transport the much needed reliable, affordable and stable electricity to millions of our people in Cote d’Ivoire, Liberia, Sierra Leone and Guinea,” Mr. Sherif said.

He added that in keeping with TRANSCO CLSG’s commitment to implement the CLSG interconnection project, “it is our goal to kick off construction activities simultaneously in each CLSG country this year (2016).”

To achieve this, “we worked diligently to guarantee and conclude the effective implementation of relevant activities which include the bidding for the transmission line and substations, the recruitment of the Owner’s Engineer Phase 2, and the compensation to affected people under the Resettlement Action Plan (RAP), among other activities, which are fulfilling conditions set by donors for disbursement of funds.”

Mr. Sherif informed the Board that TRANSCO CLSG management team organized Commercial Framework meetings with all relevant stakeholders to discuss, validate the Power Purchase Agreements and the Transmission Service Agreements, adding, “I am pleased to inform you that we have signed these bi-lateral agreements.”

He said TRANSCO CLSG has also made significant progress in the implementation of the Environmental and Social Management Plan (ESMP) and the Resettlement Action Plan (RAP) which remain one of the critical activities to the successful implementation of the CLSG project.

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