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Hon. Orison M. Amu and Hon Samuel D. Tweah Jr signed the Financing Agreement for Renewable Energy Electricity in Liberia MONROVIA – The Government of Liberia and the African Development Bank (AfDB) have signed Financing Agreements for two Projects ... //
According to the Agreement, the value of the REEL Project is US$33.74 million and is expected to be implemented over a 4-year period.
The Agreement mentions the development of a hydropower plant on the Gbedin Falls on the St. John River in Nimba County as the main objective of the REEL Project. The dam is expected to have a capacity of 9.34 megawatts and will serve as a source of reliable, sustainable and affordable power in the region thus enabling the power grid expansion to isolated localities and remote areas, and encourage the connection of a increased number of households, schools, health centers, businesses and industries to the national grid.