{"id":166,"date":"2026-03-26T21:20:37","date_gmt":"2026-03-26T21:20:37","guid":{"rendered":"https:\/\/thesatellitenewspapersl.com\/?p=166"},"modified":"2026-03-26T21:20:39","modified_gmt":"2026-03-26T21:20:39","slug":"to-improve-countrys-electricity-supplygovt-secures-major-loan-from-u-s-corporation","status":"publish","type":"post","link":"https:\/\/thesatellitenewspapersl.com\/?p=166","title":{"rendered":"TO IMPROVE COUNTRY&#8217;S ELECTRICITY SUPPLY\u2026GOVT SECURES MAJOR LOAN FROM U.S. CORPORATION"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"474\" height=\"474\" src=\"https:\/\/thesatellitenewspapersl.com\/wp-content\/uploads\/2026\/03\/image-7.png\" alt=\"\" class=\"wp-image-167\" srcset=\"https:\/\/thesatellitenewspapersl.com\/wp-content\/uploads\/2026\/03\/image-7.png 474w, https:\/\/thesatellitenewspapersl.com\/wp-content\/uploads\/2026\/03\/image-7-300x300.png 300w, https:\/\/thesatellitenewspapersl.com\/wp-content\/uploads\/2026\/03\/image-7-150x150.png 150w\" sizes=\"(max-width: 474px) 100vw, 474px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The Government of Sierra Leone (GoSL) is reported to have secured a major loan from the United States International Development Finance Corporation (US DFC) to support the ongoing NantEnergy Power Project at Kissy Dockyard in East End Freetown.<br>This move has been described by many concerned citizens as a major step towards solving the country&#8217;s electricity challenges under the shrewd leadership of His Excellency President Dr. Julius Maada Bio.<br>According to a confirmed report, the project, valued at over US$400 million, is Sierra Leone&#8217;s first large independent power initiative. When completed, it is expected to generate more than 100 mega watts of electricity, which will significantly improve the country&#8217;s energy supply.<br>A confirmed report also states that in the coming months, the installation of the first turbine from Siemens will begin. This important step will move the project closer to full operation.<br>The report added that once the installation is completed, the project is expected to greatly reduce power outages nationwide, especially in the capital, Freetown.<br>Many well-meaning Siwrra Leoneans believe and hope that this initiative will finally bring stable electricity and put an end to frequent blackouts.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Government of Sierra Leone (GoSL) is reported to have secured a major loan from the United States<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-166","post","type-post","status-publish","format-standard","hentry","category-news-item"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>TO IMPROVE COUNTRY&#039;S ELECTRICITY SUPPLY\u2026GOVT SECURES MAJOR LOAN FROM U.S. CORPORATION - 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