Mr. Mohammed M. Sherif, Managing Director of LEC, alongside Mr. Abdoul Karim Coulibaly, President Director General/CEO, and Mr. Alou Badra Diarra, Project Director of SGTPL.

MONROVIA, Liberia – The Liberia Electricity Corporation (LEC) has marked a significant milestone by signing a Public-Private Partnership (PPP) agreement with Société Générale des Travaux Publics L’Eclair (SGTPL) to develop and deploy a 40-megawatt (MW) thermal power plant.

The agreement was signed on Friday, October 10, 2025, at LEC Headquarters in Waterside, Monrovia, by Mr. Mohammed M. Sherif, Managing Director of LEC, alongside Mr. Abdoul Karim Coulibaly, President Director General/CEO, and Mr. Alou Badra Diarra, Project Director of SGTPL.

Under the partnership, SGTPL, a reputable Independent Power Producer (IPP), will fully finance, develop, and deploy the thermal plant at the LEC thermal plant site on Point Four, Bushrod Island. The facility is expected to be completed and fully operational within seven months, with technical mobilization already underway, including planning, site preparation, and logistics coordination.

Mr. Mohammed M. Sherif, Managing Director of LEC, alongside Mr. Abdoul Karim Coulibaly, President Director General/CEO, and Mr. Alou Badra Diarra, Project Director of SGTPL

In a related development, Managing Director Sherif is attending the World Bank/IMF Annual Meetings in Washington, D.C., where he is expected to sign a separate agreement with Release Utilities Africa Holding B.V. for the construction of a 23.75MW solar power plant with 10MWh battery storage near the LEC Schiefflin Substation along the Roberts International Airport corridor. This project is scheduled for completion within 64 weeks and will inject clean, renewable energy into Liberia’s national grid.

“This partnership represents a major leap forward for our power sector. It aligns with our long-term goal of achieving energy sovereignty and building a resilient, diversified energy mix capable of supporting national development,” said Mr. Sherif.

Both the thermal and solar plants are expected to alleviate energy shortages during Liberia’s dry season, when water levels at the Mt. Coffee Hydropower Plant are low, thereby stabilizing power supply and supporting growing industrial demand. These initiatives underscore Liberia’s commitment to reliable, affordable, and sustainable electricity, and LEC expressed gratitude to all stakeholders for their continued support.