A consortium of World Bank, the African Development Bank (AfDB) and the Indian Export -Import (EXIM) Bank is disbursing a total of NLe1.4 billion for the implementation of several projects in the energy sector in the next fiscal year.

Already earmarked projects include the Regional Emergency Solar Power Intervention Project (RESPITE). The EU is supporting improvement in energy access under the Transformational Energy Access for Sierra Leone Project. The Sierra Leone government is providing NLe4.2 million as counterpart contribution towards the implementation of these projects. In addition, Government is also providing NLe5.9 million for administrative expenses and NLe9.8 million for wages and salaries to the Ministry of Energy. The government is allocating a total of NLe127.3 million to the energy sector in fiscal 2025. This is being provided from the 2025 domestic capital budget Of this, NLe50 million is to be expended on the completion of the 7 districts electricity projects in the country.

A total of NLe26 million is earmarked for the rehabilitation of the Goma-Dodo Hydro Dam and NLe 26 million for the extension of transmission and distribution lines to mining companies. A total of NLe25.5 million is for enhancing energy generation and transmission.

Furthermore, Government is providing NLe875.0 million as subsidies to EDSA for the payment of outstanding invoices to the Independent Power Producers (IPPs), including Karpower, CI-Energy, and TRANSCO-CLSG.