The management of TRANSCO CLSG, a regional transmission company responsible for affordable and reliable electricity to millions of citizens in Liberia, Sierra Leone and Guinea, is expected to hold a major donors’ coordination meeting in Monrovia, to discuss the progress and challenges in the implementation of the project.
The annual meeting, which is being organized within the framework of the implementation of the CLSG interconnection project to provide updates to stakeholders, will run from September 22nd to 23rd in Monrovia.
Mohammed M. Sherif, General Manager of TRANSCO CLSG will lead a high-profile delegation to the meeting. Accompanying him will be the Director of the Project Implementation Unit, Entienne Bailly and the Director of Finance and Administration, Jigba Yilla.
The project is being financed through loans and grants at an approximate cost of U$476 million. Donors supporting the project include the World Bank, African Development Bank, European Investment Bank and the German Development Bank (KfW), all of who will be in attendance.
The procurement processes, the Environmental and Social Management Plan (ESMP) and the Resettlement Action Plan (RAP) project’s cost and financing will be highlights of the meeting.
TRANSCO CLSG was created to carry out the interconnection project as reflected in the model agreed upon by the four member states of Côte d’Ivoire, Liberia, Sierra Leone and Guinea.
This project aims at promoting regional energy market and optimizes the use of energy resources in West Africa. It is one of the five priority projects of the West African Power Pool Master Plan that aims to build a 225kv of 1,303 kilometers to connect the electrical networks in the four countries.