{"id":26514,"date":"2022-11-14T11:26:29","date_gmt":"2022-11-14T11:26:29","guid":{"rendered":"https:\/\/www.africa-press.net\/liberia\/all-news\/lerc-welcomes-power-purchase-agreement"},"modified":"2022-11-14T11:51:53","modified_gmt":"2022-11-14T11:51:53","slug":"lerc-welcomes-power-purchase-agreement","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/liberia\/all-news\/lerc-welcomes-power-purchase-agreement","title":{"rendered":"LERC welcomes Power Purchase Agreement"},"content":{"rendered":"

Africa-Press – Liberia. <\/strong><\/span>The Board of Commissioners (BoC) of the Liberia Electricity Regulatory Commission (LERC) has welcomed the Power Purchase Agreement (PPA) signed between the Liberia Electricity Corporation (LEC) and Co\u0302te D\u2019Ivoire E\u0301nergies (CIE), for the supply of 27 megawatts of electricity to Liberia.<\/p>\n

The BoC also welcomes the signing of the Transmission Service Agreement (TSA) between the Government of Liberia TRANSCO-CLSG.<\/p>\n

The BoC urges LEC to put into place stringent measures to drastically minimize power theft and commercial losses to fulfill its financial obligations to CIE.<\/p>\n

\u201cIf LEC is to raise the required revenue to meet up with its financial obligations\u201d, LERC\u2019s Chairman Dr. Lawrence D. Sekajipo recommends \u201coutsourcing the supply connection materials to include the importation of meters and retail of electricity and vigorously fight the systematic electricity theft across the country\u201d.<\/p>\n

Dr. Sekajipo restated that \u201cLERC\u2019s critical role remains to drive transformation in the Liberian electricity sector to ensure it becomes vibrant and efficient in delivering services to citizens and residents alike as envisaged by the 2015 Electricity Law of Liberia.\u201d<\/p>\n

In 2021, LEC, in its tariff submission to the Commission, attributed \u201ccommercial losses to outright power theft that is being perpetrated by residential and commercial consumers\u201d; irrespective of the passage of the \u201cPower Theft Law\u201d.<\/p>\n

The Commission lauds the Government of Liberia through the Ministries of Mines and Energy, Finance and Development Planning and the management of LEC for taking concrete actions to procure 27 megawatts of power through the CLSG interconnection project and hopes it addresses the massive outage and load shedding experienced during the last dry season.<\/p>\n

The BoC says it will continue to create the enabling regulatory environment until Liberia\u2019s electricity sector becomes vibrant; and is committed to supporting LEC and other operators in combating electricity theft and retrieving huge debts which have resulted in financial instability in the sector.<\/p>\n

The Commission is committed to continuous engagement with all stakeholders in the electricity industry, Dr. Sekajipo concluded. The Management Liberia Electricity Regulatory Commission.<\/p>\n

For More News And Analysis About Liberia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Liberia. The Board of Commissioners (BoC) of the Liberia Electricity Regulatory Commission (LERC) has welcomed the Power Purchase Agreement (PPA) signed between the Liberia Electricity Corporation (LEC) and Co\u0302te D\u2019Ivoire E\u0301nergies (CIE), for the supply of 27 megawatts of electricity to Liberia. The BoC also welcomes the signing of the Transmission Service Agreement […]<\/p>\n","protected":false},"author":84,"featured_media":26513,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,237,234],"class_list":["post-26514","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-liberia","tag-liberia"],"yoast_head":"\nLERC welcomes Power Purchase Agreement - Liberia<\/title>\n<meta name=\"description\" content=\"The Board of Commissioners (BoC) of the Liberia Electricity Regulatory Commission (LERC) has welcomed the Power Purchase ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/liberia\/all-news\/lerc-welcomes-power-purchase-agreement\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LERC welcomes Power Purchase Agreement\" \/>\n<meta property=\"og:description\" content=\"The Board of Commissioners (BoC) of the Liberia Electricity Regulatory Commission (LERC) has welcomed the Power Purchase ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/liberia\/all-news\/lerc-welcomes-power-purchase-agreement\" \/>\n<meta property=\"og:site_name\" content=\"Liberia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-14T11:26:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-14T11:51:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/liberia\/sites\/37\/2022\/11\/postQueueImg_16-63722b9e22f76.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"540\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/lerc-welcomes-power-purchase-agreement#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/lerc-welcomes-power-purchase-agreement\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"LERC welcomes Power Purchase Agreement\",\"datePublished\":\"2022-11-14T11:26:29+00:00\",\"dateModified\":\"2022-11-14T11:51:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/lerc-welcomes-power-purchase-agreement\"},\"wordCount\":346,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/lerc-welcomes-power-purchase-agreement#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/liberia\/sites\/37\/2022\/11\/postQueueImg_16-63722b9e22f76.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Liberia\",\"Liberia\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/liberia\/all-news\/lerc-welcomes-power-purchase-agreement#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/lerc-welcomes-power-purchase-agreement\",\"url\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/lerc-welcomes-power-purchase-agreement\",\"name\":\"LERC welcomes Power Purchase Agreement - Liberia\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/lerc-welcomes-power-purchase-agreement#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/lerc-welcomes-power-purchase-agreement#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/liberia\/sites\/37\/2022\/11\/postQueueImg_16-63722b9e22f76.jpg\",\"datePublished\":\"2022-11-14T11:26:29+00:00\",\"dateModified\":\"2022-11-14T11:51:53+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"The Board of Commissioners (BoC) of the Liberia Electricity Regulatory Commission (LERC) has welcomed the Power Purchase ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/lerc-welcomes-power-purchase-agreement#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/liberia\/all-news\/lerc-welcomes-power-purchase-agreement\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/lerc-welcomes-power-purchase-agreement#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/liberia\/sites\/37\/2022\/11\/postQueueImg_16-63722b9e22f76.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/liberia\/sites\/37\/2022\/11\/postQueueImg_16-63722b9e22f76.jpg\",\"width\":720,\"height\":540,\"caption\":\"LERC welcomes Power Purchase Agreement\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/lerc-welcomes-power-purchase-agreement#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/liberia\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"LERC welcomes Power Purchase Agreement\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/#website\",\"url\":\"https:\/\/www.africa-press.net\/liberia\/\",\"name\":\"Liberia\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/liberia\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"LERC welcomes Power Purchase Agreement - Liberia","description":"The Board of Commissioners (BoC) of the Liberia Electricity Regulatory Commission (LERC) has welcomed the Power Purchase ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/liberia\/all-news\/lerc-welcomes-power-purchase-agreement","og_locale":"en_US","og_type":"article","og_title":"LERC welcomes Power Purchase Agreement","og_description":"The Board of Commissioners (BoC) of the Liberia Electricity Regulatory Commission (LERC) has welcomed the Power Purchase ...","og_url":"https:\/\/www.africa-press.net\/liberia\/all-news\/lerc-welcomes-power-purchase-agreement","og_site_name":"Liberia","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2022-11-14T11:26:29+00:00","article_modified_time":"2022-11-14T11:51:53+00:00","og_image":[{"width":720,"height":540,"url":"https:\/\/static.africa-press.net\/liberia\/sites\/37\/2022\/11\/postQueueImg_16-63722b9e22f76.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/liberia\/all-news\/lerc-welcomes-power-purchase-agreement#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/liberia\/all-news\/lerc-welcomes-power-purchase-agreement"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/liberia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"LERC welcomes Power Purchase Agreement","datePublished":"2022-11-14T11:26:29+00:00","dateModified":"2022-11-14T11:51:53+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/liberia\/all-news\/lerc-welcomes-power-purchase-agreement"},"wordCount":346,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/liberia\/all-news\/lerc-welcomes-power-purchase-agreement#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/liberia\/sites\/37\/2022\/11\/postQueueImg_16-63722b9e22f76.jpg","keywords":["Africa Press","Africa Press-Liberia","Liberia"],"articleSection":["all news","economy"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/liberia\/all-news\/lerc-welcomes-power-purchase-agreement#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/liberia\/all-news\/lerc-welcomes-power-purchase-agreement","url":"https:\/\/www.africa-press.net\/liberia\/all-news\/lerc-welcomes-power-purchase-agreement","name":"LERC welcomes Power Purchase Agreement - Liberia","isPartOf":{"@id":"https:\/\/www.africa-press.net\/liberia\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/liberia\/all-news\/lerc-welcomes-power-purchase-agreement#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/liberia\/all-news\/lerc-welcomes-power-purchase-agreement#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/liberia\/sites\/37\/2022\/11\/postQueueImg_16-63722b9e22f76.jpg","datePublished":"2022-11-14T11:26:29+00:00","dateModified":"2022-11-14T11:51:53+00:00","author":{"@id":"https:\/\/www.africa-press.net\/liberia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"The Board of Commissioners (BoC) of the Liberia Electricity Regulatory Commission (LERC) has welcomed the Power Purchase ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/liberia\/all-news\/lerc-welcomes-power-purchase-agreement#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/liberia\/all-news\/lerc-welcomes-power-purchase-agreement"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/liberia\/all-news\/lerc-welcomes-power-purchase-agreement#primaryimage","url":"https:\/\/static.africa-press.net\/liberia\/sites\/37\/2022\/11\/postQueueImg_16-63722b9e22f76.jpg","contentUrl":"https:\/\/static.africa-press.net\/liberia\/sites\/37\/2022\/11\/postQueueImg_16-63722b9e22f76.jpg","width":720,"height":540,"caption":"LERC welcomes Power Purchase Agreement"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/liberia\/all-news\/lerc-welcomes-power-purchase-agreement#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/liberia\/"},{"@type":"ListItem","position":2,"name":"LERC welcomes Power Purchase Agreement"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/liberia\/#website","url":"https:\/\/www.africa-press.net\/liberia\/","name":"Liberia","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/liberia\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/liberia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/liberia\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/liberia\/wp-json\/wp\/v2\/posts\/26514","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/liberia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/liberia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/liberia\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/liberia\/wp-json\/wp\/v2\/comments?post=26514"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/liberia\/wp-json\/wp\/v2\/posts\/26514\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/liberia\/wp-json\/wp\/v2\/media\/26513"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/liberia\/wp-json\/wp\/v2\/media?parent=26514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/liberia\/wp-json\/wp\/v2\/categories?post=26514"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/liberia\/wp-json\/wp\/v2\/tags?post=26514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}