Liberia: On 2nd Thoughts: The Liberia Electricity Corporations’search for new source of power supplier

By Othello B. Garblah

Reports that the Liberia Electricity Corporation (LEC) management is negotiating a 50-megawatt electric power supply from Ghana and an additional 20 megawatts from neighboring Guinea highlight how terrible the LEC’s situation is.

This situation also raises concerns about management and questions about the LEC’s creditworthiness as it relates to its current debt portfolio of over US19.6 million outstanding electricity bills to the Ivory Coast, as reported in June…