The General Manager of NPA Dr. Zubairu Kalokoh yesterday told the Parliamentary Public Accounts Committee that Le 94 billion has been projected for 2009.
He was asked to explain mechanisms put in place to prevent further loss and to explain reasons for the Le 15.3billion loss incurred by the Authority in 2005.
Dr. Kalokoh told the committee that he has taken 15 months on his job at NPA and confessed that those things were bad at NPA from 2001 unto 2007.
The reasons he stated was that the generation of electricity supply went down as the plant at Kingtom station which was built in 1960 was not properly functioning and the transmission lines had outlived its purposes.
He thus stated that he inherited tremendous backlog salaries and debts running into billions of Leones but that backlog salaries have been paid and the dignity and respect of the workers restored.
Dr. Kalokoh disclosed further that the Le 20 billion debt owed to NASSIT, NRA and general suppliers have also been paid.
Speaking about the way forward, he said in 2006, electricity sales was Le19.7 billion but dropped in 2007 to Le 15.4billion and that sales jumped in 2008 to Le 74billion.
He however stated that after the transmission lines were repaired and increased from January to May this year, the sales of electricity was Le3.9billion and projections at the end of the year will be Le94 billion.
The NPA General Manager explained the development strides presently being undertaken by NPA in the areas of improved networks, installation of a $24M machine at Kingtom Power Station, a sub station in Regent and the Arabs providing 16 megawatts for Black hall Road Power Station.
NPA is being questioned over a recorded loss of Le15.3billion in 2005. The Auditor General’s report on the accounts of Sierra Leone for 2006 indicates that the loss incurred by NPA was due to technical and line losses of electricity, huge exchange losses, and interest charged on foreign currency borrowing.