The Liberia Electricity Corporation has been granted six new licenses to operate in several capacities in the energy sector.
The Liberia Electricity Regulatory Commission, with the support of the Millennium Challenge Account Liberia, has begun a Cost of Service Study to gather information on the generation, transmission, distribution, and sale of electricity within Liberia.
President George Weah has named Jolue Aloysius Tarlue as his pick to fill the position of executive governor of the Central Bank of Liberia.
The Liberia Electricity Regulatory Commission has ended a stakeholdersâ€™ meeting to review draft regulations for electricity operators and the sector at large.
Monie Captan, the CEO of the Millennium Challenge Account Liberia, says the Liberia Electricity Corporation is losing 62 percent of its revenues to power theft, amounting to US$4.26 million monthly.