November 2, 2016 By Ahmed Fonike
The Ministry of Energy, on 31st October 2016, signed an electricity generation agreement with Copper belt Energy Corporation consortium for more electricity supply in the Western Area.
During the signing ceremony, the Minister of Energy, Ambassador Henry Macauley thanked all stakeholders including the Public Private Partnership , the Attorney General and Finance Minister, Mr. Momodu Kargbo) for their efforts in the energy sector.
He reminded all present that the signing of the CEC agreement was in line with the 2014 Unbundling process of NPA, in which the private sector was encouraged to participate in the energy sector as government cannot do it all.
He continued that electricity belongs to everybody and that it was everybody’s business.
Amb. Macauley further threw light on the reviewed tariff, which he said, has some challenges with the public, but noted that such has to be done for EDSA not to sink down.
He added that electricity was not cheap in any part of the world.
The Minister spoke about the agreement that was recently signed between the Management and the contractor in which the later would soon start to work with EDSA for a period of three years in making the entity more viable in the world of business.
EDSA, he said, must be encouraged to stand on its own as a strong public entity and not to rely on government all the time for running its operations.
In his contribution, Minister of Finance and Economic development, Momodu Kargbo, commended the Ministry of Energy and stakeholders for their efforts and anticipated that by 2018, the project must have been formerly launched.
The Director of CEC Africa in Sierra Leone, Karim Nasser, expressed satisfaction on the side of government through the Ministry of Energy and was optimistic that the project would be well implemented.
The colourful signing ceremony was chaired by the Development Secretary, John Sumaila, who remarked that the project was going to cover the entire Western Region, and that EDSA was going to be the off taker.