HomeEvent NewsLiberia liberalises electric power sector

Liberia liberalises electric power sector

The steps leading to liberalisation of the Liberian electric power sector have been identified by a management study, and will include the supervision of external technical assistance. As a consequence the project has been put out to tender. The initiative will begin in Liberia’s capital, Monrovia, and has not been greeted with unqualified enthusiasm. While the lack of a national grid hasmeant that most businesses have made arrangements to provide their own power supply, there are also fears that liberalisation will lead to privatisation, and ultimately to increased power bills.