HOW LIBERIA NEED US$1 BILLION TO RESOLVE ELECTRICITY SHORTAGE

HOW LIBERIA NEED US$1 BILLION TO RESOLVE ELECTRICITY SHORTAGE

Addressing Liberia’s perennial power crisis will require significant financial investment, with the Liberia Electricity Corporation (LEC) estimating that between US$700 million to US$1 billion is needed for the construction of a reservoir to alleviate the electricity issue. The lack of a sufficient reservoir at the Mount Coffee Power plant has been identified as a long-standing challenge, leading to operational gaps during dry seasons. In order to solve this problem, the Executive Director for Planning, Engineering,…

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