Brussels, Belgium – The Government of Liberia, through the Ministry of Mines and Energy, has signed a landmark Memorandum of Understanding (MoU) with HYDRONEO to develop a 20-megawatt hydropower plant in Nimba County, a project expected to significantly enhance Liberia’s energy capacity.
The agreement was formalized during the Liberia–EU Business Forum in Brussels and witnessed by Liberia’s Ambassador to the European Union, Dr. Teeko Tozay Yorlay Sr. The project is estimated to cost between US$55.8 million and US$60 million, with HYDRONEO providing support for financing, construction, and operation.
“This initiative marks a significant step toward securing reliable and sustainable energy for Liberia,” Ambassador Yorlay said. “It reflects our commitment to building strategic partnerships that accelerate development and create opportunities for Liberians.”
The proposed hydropower plant, to be located in Kokula, Yekepa, is expected to integrate into the national grid, improve electricity access in Nimba County and surrounding regions, and strengthen the country’s long-term energy security.
Hon. Kou Meapeh Gono, Superintendent of Nimba County, emphasized the local impact: “This project is transformative for our communities. It will generate more than 1,000 jobs during the three-year construction phase and provide livelihoods for engineers, technicians, and skilled laborers.”
The signing in Brussels follows preliminary strategic discussions held in Paris between Superintendent Gono and HYDRONEO CEO Mr. Samuel Zekri, facilitated by Ambassador Yorlay. The discussions confirmed Kokula, Yekepa, as the proposed site for detailed feasibility studies and assessments, in collaboration with the Liberia Electricity Corporation (LEC) and the Ministry of Mines and Energy.
Mr. Zekri described the initiative as “a strategic investment that aligns with Liberia’s development priorities. We are committed to delivering a clean, reliable, and efficient energy solution that supports economic growth and job creation.”
A HYDRONEO technical delegation is expected to arrive in Liberia within six weeks to commence detailed on-site feasibility assessments, environmental studies, and preliminary engineering design work.
Energy experts highlight that Liberia’s energy deficit has long constrained industrial growth and household access, making investments in hydropower essential to the nation’s economic trajectory.
“The project demonstrates the type of public-private collaboration that is crucial for Liberia’s energy transition,” said Deputy Minister for Energy, Dehpue Zuo. “By tapping into renewable sources, we are ensuring that the next generation has access to sustainable and affordable electricity.”
Local business leaders attending the Brussels forum welcomed the MoU, noting that enhanced energy infrastructure would attract further investments and stimulate regional trade.
The three-year construction schedule is expected to deliver the facility on time, providing reliable electricity to Nimba County while contributing to Liberia’s national grid stability.
Government officials emphasized that ongoing collaboration with HYDRONEO, coupled with regulatory support and community engagement, will be key to the successful delivery of the project.
Once operational, the 20MW plant is projected to significantly reduce power shortages in the region and serve as a model for future renewable energy projects in Liberia.
