MONROVIA, LIBERIA – The Government of Liberia, through the Liberia Electricity Corporation (LEC), has successfully signed a power purchase agreement (PPA) with CI-Energies for the period of 2025 through 2027. The agreement, signed on Monday, February 24, 2025, at the headquarters of CI-Energies in Abidjan, Côte d’Ivoire, is expected to provide Liberia with a 50-megawatt supply of electricity.
The LEC delegation, led by Interim Managing Director Thomas Z. Gonkerwon, included key officials such as Cllr. Emmanuel A. Tulay, Chairman of the Board of Directors, and other representatives from the energy sector, including Mr. Adam Sheriff, Head of Finance, and Mrs. Verity Neufville-Sonkarlay, Manager of Communications. They were warmly received by the management of CI-Energies, including Asset Manager Mr. DJAHA Kouadio Ambroise and Director General Mr. Noumory Sidibe.
In his remarks, Gonkerwon expressed appreciation for the support provided by CI-Energies and CIE, highlighting the strong relationship between the two institutions and the spirit of African solidarity in agreeing to supply Liberia with energy before finalizing all legal arrangements. The power purchase agreement is seen as crucial in helping Liberia meet its energy demands, providing the necessary capacity for the LEC to enhance electricity supply across the country.
The agreement, which covers a three-year term, is renewable. Both parties emphasized the need to respect the terms of the agreement to ensure sustainability. Mr. Sidibe reiterated that LEC must remain in good standing to ensure the continued supply of electricity. He also noted the technical challenges that CI-Energies has faced, which have impacted its production capacity.
Gonkerwon assured the Ivorian partners that the Government of Liberia has prioritized the energy sector and instructed the LEC to install prepaid meters at all government institutions, excluding medical facilities. This move is intended to enhance the efficient and effective use of electricity. Furthermore, the LEC is focused on expanding its electricity connections, particularly for large users, such as the Industrial Park along Somalia Drive and the Industrial Free Zone, which has a significant energy demand of around 27 megawatts.
