The General Manager of TRANSCO CLSG Mohammed M. Sherif is calling on the Liberia Electricity Corporation (LEC) to move quickly and conclude all commercial framework documents to ensure unimpeded access to stable and affordable electricity through the CLSG line.
In his statement to the Board at its 27th meeting in Abidjan on Monday, June 27, 2022, the General Manager disclosed that the Power Purchase Agreement negotiations between Liberia (LEC) and CI-ENERGIES are far advanced while the negotiations on the Transmission Service Agreement with TRANSCO CLSG have been completed.
“It is our fervent hope, Mr. Chairman and Members of the Board of Directors, that LEC will come on board and complete all commercial framework documents to begin enjoying 24-hour electricity from the CLSG line.”
Mr. Sherif added: “We share the belief that the lack of access to affordable and stable electricity is a constraint to economic and national development. More electricity means more economic activities, better jobs, profitable private capital investments, increased manufacturing and technological capacity, increased food production, more innovation, better healthcare, education and better quality of life for the population. Therefore, we encourage Liberia to come on board very soon, join EDSA of Sierra Leone and EDG of Guinea to generate the required growth in the usage of the CLSG network.”