- LERC Board of Commissioners (BoC) has welcomed the signing of the Transmission Service Agreement (TSA) between the Government of Liberia TRANSCO-CLSG.
- It also welcomed the Power Purchase Agreement (PPA) signed between the Liberia Electricity Corporation (LEC) and Côte D’Ivoire Énergies (CIE) for the supply of 27 megawatts of electricity to Liberia.
The Liberia Electricity Regulatory Commission (LERC) Board of Commissioners (BoC) has welcomed the signing of the Transmission Service Agreement (TSA) between the Government of Liberia TRANSCO-CLSG. It also welcomed the Power Purchase Agreement (PPA) signed between the Liberia Electricity Corporation (LEC) and Côte D’Ivoire Énergies (CIE) for the supply of 27 megawatts of electricity to Liberia. However, the BoC urges LEC to put stringent measures to drastically minimize power theft and commercial losses to fulfil its financial obligations to CIE.
LERC’s Chairman, Dr Lawrence D. Sekajipo, stated, “LERC’s critical role remains to drive transformation in the Liberian electricity sector to ensure it becomes vibrant and efficient in delivering services to citizens and residents alike as envisaged by the 2015 Electricity Law of Liberia.” He recommended the importation of meters and the retail of electricity to fight systematic electricity theft across the country.
The Commission lauds the Government of Liberia through the Ministries of Mines and Energy, Finance and Development Planning and the management of LEC for taking concrete actions to procure 27 megawatts of power through the CLSG interconnection project and hopes it addresses the massive outage and load shedding experienced during the last dry season.