Zambia to spend $2,2bn on new hydro power

Zambia has authorised private developers to start feasibility studies and construction of hydroelectric power stations totalling $2,2-billion to overcome a crippling power deficit, Energy Minister Kenneth Konga said on Monday.

“The strategy is to put up these stations quickly to overcome the current electricity shortage,” Konga told Reuters in reference to power rationing by state-run utility Zesco, which has forced copper mines to scale down output.

Konga also said Zambia would require a separate $1,1-billion to raise power supply in rural areas to 51% from the current 3% by 2030.—Reuters


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