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Liberia news

Liberia hosts TRANSCO CLSG meeting

The Management of TRANSCO CLSG, a regional transmission company responsible for the transmission of affordable and reliable electricity to millions of citizens in Liberia, Sierra Leone and Guinea is holding a major Donors’ Coordination meeting in Monrovia, Liberia to discuss progress and challenges in implementing the CLSG project.

According to press release issue in Monrovia, the annual meeting which is being organized within the framework of the implementation of the CLSG interconnection project, is to update stakeholders and will run from September 22nd – 23rd, at Cape Hotel.

Mr. Mohammed M. Sherif, General Manager of TRANSCO CLSG will lead a high-profile delegation to the meeting, accompanied by the Director of the Project Implementation Unit, Mr. EntienneBailly and the Director of Finance and Administration, JigbaYilla.

The release says the World Bank (WB), African Development Bank (AfDB), European Investment Bank (EIB) and the German Development for Bank (KfW) are among stakeholders attending the meeting.

Procurement processes, the Environmental and Social Management Plan (ESMP) and the Resettlement Action Plan (RAP), Project cost and financing, coordination strategy are among highlights of the meeting, the release said.

TRANSCO CLSG was created to carry out the CLSG interconnection project as reflected in the model agreed upon by the four Member States – to finance, construct, own, operate, develop and maintain an interconnection line between Côte d’Ivoire, Liberia, Sierra Leone and Guinée.
The project aims at promoting a regional energy market and optimizing use of energy resources in West Africa as a whole. It is one of the five priority projects of the West African Power Pool Master Plan that aims to build a 225kv high voltage line along 1,303 km to connect the electrical networks of the four countries.
It is being financed by donors including the World Bank, African Development Bank, European Investment Bank and the German Development Bank (KfW) through loans and grants at an approximate cost of US$476 million, the release concluded. Press release

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