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ECOWAS to raise N26b for regional electricity

26 November 2013, 11:11

Lagos - To boost electricity generation and transmission in the sub-region, the Economic Community of West Africa States (ECOWAS) member countries are planning to raise about $26.416 billion.

The money is meant for the completion of critical electricity generation and transmission projects under the West African Power Pool (WAPP) framework, reports Thisday.

Babatunde Adeyemo, Director, Information and Control Center (ICC) of the WAPP, said the plan seeks to sort out the participation of private sector investors in the region’s ambitious plan to connect its member countries in its shared power pool by 2018.

He disclosed that the regional body had made inroads in some of its priority transmission projects.

Read more at Thisday


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