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NEWS : Local News  

Sierra Leone News : Parliament Ratified Power Purchase Agreement deal with ADDAX BIO-ENERGY
By Jeneba V. Kabba
Jun 22, 2017, 17:04
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The Parliament of the Republic of Sierra Leone has on Tuesday 20th June 2017 ratified “The Power Purchase Agreement between the Government of Sierra Leone and ADDAX BIO-ENERGY, with some amendments of this Agreement.

 

The Power Purchase Agreement Deed of Termination, the Power Purchase Agreement General Consent Letter, the Power Purchase Change of control Letter, the Generation License Direct Agreement, the Main Site Lease, the Site Lease Direct Agreement, the Cooperation Agreement, The Re-Imbursement and Credit Agreement and the Indemnity Agreement. 

 

The Agreements were amended before ratification because of changing circumstances with the “Parent Agreement” which was signed and ratified by Parliament in 2011, with the aim of getting alternative energy sources to supply electricity by using organic materials like sugarcanes.

 

In Presenting the Agreement the Minister of Energy, Hon. Henry Macauley said that he was delighted to inform the House on the re-engineering that had been done by ADDAX to supply alternative energy to the national grid, despite the down-turn of Bumbuna Hydro Supply, whilst speaking briefly on the additional power purchase variation deal between the Government of Sierra Leone and ADDAX BIO-ENERGY.

 

Hon. Sulaiman M. Sesay regarded the slight variations relating to the “Parent Act” as non-controversial, whilst recalling the ratification of its Parent Act in 2011, with the view of augmenting our energy supply with 10-megawatts.

 

Hon. Jusufu B. Mansaray decried EDSA “for the supply of excessive but destructible energy”, and “the purchase of pre-paid credits by customers without having the expected service”, whilst alluding to the Billions Leones that had been given to the Ministry of Energy for sustainable electricity supply to people of Sierra Leone.

 

Minority Leader, Hon. Dr. Bernadette Lahai said that the amendments are necessary due to changing circumstances, whilst speaking on the need for energy-mix, including the use of dump-sites as in South Africa to generate electricity, or refuse being used as manure for agricultural productivity. She then called on the Ministry of Energy to use our households’ wastes to generate electricity.

 

Majority Leader of the House, Hon. Leonard Fofanah said that electricity is “germane” to the lives of the people, whilst noting the concerns raised by MPs regarding the challenges related to electricity supply in their constituencies. He also said that the “new company that will take over ADDAX will be motivated by these amendments”.                       


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