Sierra Leone‘s Energy Ministry on Wednesday presented documents marking the completion of months of work aimed at transforming the country’s power sector.
Sierra Leone started the “unbundling” process earlier in 2014, during which its national power company, the National Power Authority (NPA), was divided into two entities: the Electricity Generation and Transmission Company (EGTC) and the Electricity Distribution and Supply Authority (EDSA).
“As of tomorrow, January 1, NPA no longer exists and the two companies are fully functional,” Minister of Energy, Henry Macauley, declared as he presented the document to President Ernest Bai Koroma at State House.
“A third, independent body to serve as a regulatory entity, will also be operational and seeks to create fair play in the sector,” Macauley added.
According to President Koroma, the unbundling of Sierra Leone’s power sector provides a clearer road map for the improvement of the sector. President Koroma stated that he hopes more private players would be involved in the work to revitalize the country’s power sector.
In October, Sierra Leone unveiled a roadmap to increase the country’s power generation capacity from the current level of about 100MW to 1,000MW by 2017.