- Liberian President Joseph Nyumah Boakai has hosted a high-level consultation at the Executive Mansion with representatives from key energy sector stakeholders.
- The proposed power plant is set to become a cornerstone of Liberia’s energy future, with plans to expand the country’s power generation capacity.
Liberian President Joseph Nyumah Boakai has hosted a high-level consultation at the Executive Mansion with representatives from key energy sector stakeholders to strengthen Liberia’s energy infrastructure.
The meeting included Mohammed M. Sherif, General Manager of TRANSCO CLSG, and Arnon Stephen, Senior Representative of Genser Energy, to discuss the construction of a 270MW hybrid natural gas and thermal power plant in Buchanan, Grand Bassa County.
The proposed power plant is set to become a cornerstone of Liberia’s energy future, with plans to expand the country’s power generation capacity, enhance grid stability, and stimulate economic growth.
The plant will be built in two phases. The first phase, set to begin within 18 months, will deliver 120MW of power. The second phase, which incorporates a combined steam cycle for improved efficiency, is expected to bring the total capacity to 270MW within 12 months.
President Boakai emphasised the importance of mobilising private sector investment to provide all Liberians affordable, reliable, and sustainable electricity. “No nation can build a thriving economy without sustainable electricity,” he said. The President further noted that the project would catalyse industrialisation, job creation, and broader economic development.
Once operational, the Genser Energy Hybrid Gas Power Plant will reduce Liberia’s reliance on seasonal hydropower and expensive electricity imports, ensuring greater energy independence. The facility will incorporate advanced cryogenic fuel storage and gas turbine technologies to provide low-emission, cost-effective, and stable power generation.
The project aligns with Liberia’s energy needs by expanding access to reliable electricity, addressing long-standing power shortages, and improving grid reliability, particularly during the dry season.
It will also support regional energy integration by leveraging the TRANSCO CLSG interconnection network, offering a dedicated power supply to large industrial consumers, such as mining companies, factories, and commercial hubs.
Before meeting with President Boakai, TRANSCO CLSG’s delegation and Genser Energy’s senior management held extensive discussions with the Liberia Electricity Corporation (LEC), the Ministry of Mines and Energy, the Liberia Electricity Regulatory Commission (LERC), and the National Investment Commission (NIC) to ensure the project aligns with Liberia’s energy policies, regulatory frameworks, and investment strategies.
Genser Energy’s Senior Representative underscored the company’s commitment to providing Liberia with innovative, long-term energy solutions. He highlighted the significant prospects of the project and encouraged the government to leverage this opportunity to enhance the country’s energy sustainability. “Genser Energy has a proven track record of delivering large-scale power projects across West Africa.
This initiative reflects our vision for Liberia — a country with immense economic potential that can be unlocked through sustainable energy infrastructure,” he stated.
Jeff B. Blibo, Chairman and CEO of the National Investment Commission, praised Genser Energy as a valuable partner in addressing Liberia’s energy needs. “Liberia’s goal is to ensure a stable and diverse energy supply that can support sustained economic growth,” Blibo said. He added that by diversifying the country’s energy mix, Liberia would reduce its dependence on a single external source, thereby enhancing energy security.
The Liberia Electricity Regulatory Commission (LERC) has committed to expediting regulatory approvals, while the NIC is working to streamline investment incentives, tax exemptions, and land acquisition processes to facilitate the project’s development.
With President Boakai’s endorsement and continued inter-agency collaboration, the Genser Energy 270MW Hybrid Gas Power Plant is now set to move forward with investment discussions, regulatory processing, and implementation planning.