Malaikah Energy Group Announces Groundbreaking Power Project in Liberia
Malaikah Energy Group, a prominent multi-national energy company, has recently unveiled plans for an ambitious power project in Liberia. This venture is set to dramatically enhance the nation’s energy capabilities by generating an impressive 950 megawatts (MW) of electricity.
Liberia power project to generate 950MW of electricity
This transformative project, anticipated to reach completion within a span of 18 months, is poised to substantially uplift Liberia’s energy capacity. By doing so, it will establish Liberia as a regional powerhouse in electricity exportation, contributing significantly to the West African Power Pool (WAPP).
During a press briefing held at the Ministry of Information, Cultural Affairs and Tourism (MICAT) in Monrovia, Prince Mohamed Abdul-Majeed, the Managing Director of the Malaikah Energy Group, underscored the company’s unwavering support for President Weah’s development agenda.
Abdul-Majeed highlighted the dual benefits of the project: boosting energy production and fostering industrialization within Liberia. He emphasized the project’s critical role in propelling Liberia’s economic growth and strengthening regional energy integration.
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“We are here to support the Presidentโs development agenda under his Pro-Poor Policy. This project will help boost energy production and industrialisation in Liberia and make the nation a regional exporter of power and a part of the West African Power Pool,” Abdul-Majeed stated.
Moreover, he accentuated the necessity of affordable energy for economic progress, pointing out that stable and reliable electricity is a cornerstone for industrial development and job creation. The potential for Liberia to emerge as a regional energy hub, exporting power to neighboring countries, was also a focal point of his remarks.
Malaikah Energy Group advances Liberia power project with 950MW installation
Abdul-Majeed reiterated that the power project is a crucial stride towards realizing the President’s vision for Liberia. He assured stakeholders of the group’s dedication to delivering the project punctually and fulfilling the President’s expectations.
โWe are here to support the Presidentโs development agenda under his Pro-Poor Policy by providing affordable energy to the country. We are working with the President to make sure that this project is completed on time and within budget. We are committed to delivering this project on time and meeting the Presidentโs expectations,โ Abdul-Majeed said.
He announced that the group will commence the installation of 950 megawatts of power for Liberia, with an expected completion timeline of 18 months. Abdul-Majeed emphasized the project’s importance in enhancing Liberia’s energy infrastructure and its contribution to economic growth.
Liberia power project aims to cut electricity cost to 15 cents per kWh
A pivotal aspect of the project is its potential to reduce the cost of electricity in Liberia to 15 cents per kilowatt-hour, making it more accessible for businesses and households.
The Minister of State without Portfolio, Trokon A. Kpui, reaffirmed President Weah’s dedication to advancing Liberia’s electricity sector, describing the project as a substantial step towards achieving energy sustainability for the nation.
โThe President is committed to improving Liberiaโs electricity sector, and this project is a major step towards achieving that goal. The President is committed to making sure that the people of Liberia have access to reliable and affordable electricity,โ Kpui stated.
He highlighted the projectโs significance in ensuring that Liberians have reliable and affordable electricity access, noting its alignment with the Presidentโs vision for a stronger and more prosperous Liberia.
The Malaikah Energy Groupโs power project is set to markedly enhance Liberiaโs energy capacity, lower electricity costs, and establish the country as a regional energy exporter. Backed by government support and aligned with the Presidentโs development agenda, this project is poised to play a pivotal role in Liberiaโs future growth.
