The agreement was signed in the presence of among others Minister of Energy, Lesotho Electricity Company (LEC) Managing Director Dr. Leketekete Ketso, Principal Secretary Finance Mrs. Motena Ts'olo. The project has three key components being Grid Extension to peri-urban areas of Lesotho at M458 million, Rural Electrification by Mini-grids at M365 million and Technical Assistance and Implementation Support at M44.3 million.
Speaking at the event, Dr. Majoro said the project is to support rural access to electrification as well as industrial electrification saying that industrial sites to benefit include Belo in Botha-Bothe, Berea, Mokhotlong and Qacha's Nek so that they can prosper and thrive.
He said in order to test capacity of hydro power, Lesotho is going to roll out off-grid solutions which he said it is found to present a least cost option for the country through Electrification Master Plan and geospatial analysis.
He noted that LEC will be providing distribution to the communities as well as existing industrial parks. He added that they intend to reach over 300,000 households with this off-grid (mini-grid).