Summer is yet to fully set in, but spot power prices are already going through the roof. The average market clearing price on the Indian Energy Exchange for Monday delivery crossed Rs4 per unit. A year ago, on 5 March 2017, it averaged Rs2.35 per unit. Published in Live Mint, 7th March, 2018 http://www.livemint.com/Money/HOASBwXpIXh81CNvlsDRoK/Summer-yet-to-set-in-but-spot-electricity-rates-already-on.html

Monrovia – The Liberia Electricity Corporation (LEC), as part of its effort to reduce power theft and commercial losses, has elected to provide a flat rate for people, who are registered and are yet to receive their meter. This measure by the new head of LEC will increase the corporation’s revenue generation and will give […]

The Chief Executive Officer of the Liberia Electricity Corporation (LEC), Mr. John Ashley has disclosed plans to embark on a rigorous campaign to combat power theft, which is causing the corporation huge financial losses. Electricity Theft accounts for 49% of commercial losses sustained by the LEC. Published in Global News Network Liberia, 6th March, 2018 […]