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Presentation to EAZ load-shedding in Zambia: what should be the plan PRESENTED BY C CHITUNDU MANAGING DIRECTOR.

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Presentation on theme: "Presentation to EAZ load-shedding in Zambia: what should be the plan PRESENTED BY C CHITUNDU MANAGING DIRECTOR."— Presentation transcript:

1 presentation to EAZ load-shedding in Zambia: what should be the plan PRESENTED BY C CHITUNDU MANAGING DIRECTOR

2 Presentation Overview
1.0 background 2.0 current status 3.0 zesco’s plans to end load-shedding 3.1 generation projects 3.2 transmission projects 3.3 distribution projects 3.4 other initiatives to reduce load-shedding 4.0 conclusion

3 background ELECTRICITY IS A KEY DRIVER OF ECONOMIC GROWTH & MAJOR INPUT IN ALL ECONOMIC SECTORS - AGRICULTURE, MINING, MANUFACTURING AND TOURISM ZESCO’S ELECTRICITY GENERATING CAPACITY STANDS AT 2.2 GW (99% HYDRO) NET EXPORTS ROUGHLY 5% OF TOTAL GENERATION (MOSTLY TO NAMIBIA, BOTSWANA AND CONGO D.R.) CURRENT PEAK DEMAND FOR ELECTRICITY BARELY MEETS GENERATION CAPACITY ESPECIALLY DURING PEAK TIMES

4 background CONT’D ZAMBIA HAS EXPERIENCED A SUSTAINABLE ECONOMIC GROWTH OVER THE LAST FIVE YEARS DESPITE GLOBAL RECESSION, RESULTING IN: INCREASED DEMAND FOR ELECTRICITY FROM ALL SECTORS DEMAND OUTSTRIPPING AVAILABLE CAPACITY DURING PEAK HOURS ZESCO MUST INVEST IN NEW INFRASTRUCTURE TO COPE WITH GROWING DEMAND

5 BACKGROUND CONT’D HOWEVER DELAYED INVESTMENT IN GENERATION PLANTS HAS NOT MATCHED THE LOAD GROWTH RESULTING IN DEFICIT IN POWER GENERATION CAPACITY FURTHER, DELAYED INVESTMENTS IN TRANSMISSION & DISTRIBUTION SYSTEMS HAS ALSO LED TO DEPLETING POWER TRANSMISSION & DISTRIBUTION CAPACITY ABOVE FACTORS LARGELY CONTRIBUTE TO LOAD-SHEDDING LOAD-SHEDDING IS DONE TO SAFEGUARD THE ELECTRICITY INFRASTRUCTURE

6 GENERATION STATUS POWER STATION INSTALLED CAPACITY (MW)
AVAILABLE CAPACITY (MW) ZESCO KAFUE GORGE PS 990 960 KARIBA NORTH BANK PS 720 705 VICTORIA FALLS PS 108 103 SMALL HYDROS 13 10 KNBE 360 LUSIWASI 12 5 IPPs LUNSEMFWA 50 20 NDOLA HFO PLANT 48 TOTAL 2,303 2,211

7 GENERATION STATUS CONT’D
THE TOTAL AVAILABLE CAPACITY IS 2,211 AGAINST A MAXIMUM NATIONAL DEMAND OF 1890. ZESCO HAS ADEQUATE CAPACITY TO MEET THE DEMAND AT PRESENT. LOAD-SHEDDING IS THEREFORE DUE TO BOTTLENECKS IN THE TRANSMISSION AND DISTRIBUTION INFRASTRUCTURE.

8 PROJECTED DEMAND ELECTRICITY DEMAND

9 PROJECTED DEMAND CONT’D
FROM THE GRAPH IT CAN BE SEEN THAT UNLESS THE PLANNED GENERATION PROJECTS COME ON STREAM, THERE WILL BE A GENERATION DEFICIT IN THE COMING YEARS. daily Connection rate: 300 Pending backlog in construction and new connections to date: 20,000

10 PROJECTED GENERATION DEFICITS
Year 2008 2010 2015 2020 2025 FORECAST MAXIMUM DEMAND (MW) 1,579 1,592 2,389 2,595 3,029 FORECAST SHORTFALL (MW) 547 753 1,179

11 SHORT TERM MEASURES TAKEN TO REDUCE LOAD-SHEDDING
GENERATION rehabilitation and uprating of the three major hydropower stations, i.e. Kafue Gorge, KNBPS and Victoria Falls VICTORIA FALLS POWER STATION – USD53.7MILLION KAFUE GORGE POWER STATION - USD 85.5 MILLION KARIBA NORTH BANK POWER STATION – USD81.4MILLION Through the uprating of kariba and kafue gorge 210mw was gained TOTAL COST OF the UPGRADE– USD 100 MILLION ESTIMATED COST FOR A 210MW new hydro POWER STATION – above us$600MILLION

12 GENERATION PROJECTS POWER REHABILITATION PROJECT (PRP)
Scope included rehabilitation and uprating of the three major hydropower stations, i.e. Kafue Gorge, KNBPS and Victoria Falls Other works included reinforcement and rehabilitation of some transmission and distribution infrastructure The major achievements of the PRP has been the uprating of the Kafue Gorge Power Station from 900 to 990 MW, the reinstating of the Victoria Falls Power Station to its full generating capacity of 108 MW as well as the up-rating of Kariba North Bank power station from 600 MW to 720 MW. The total generation capacity yielded from the PRP is 210 MW

13 SHORT TERM MEASURES TAKEN TO REDUCE LOAD-SHEDDING
GENERATION Constructing & COMISSIONING OF THE 360 MW KARIBA NORTH BANK EXTENSION plant. LOAD-SHEDDING USUALLY DONE AT PEAK TIMES, KNBE CONSTRUCTED AS A PEAKING STATION TO MEET THE PEAK CAPACITY SHORTFALLS

14 KNBE PROJECT- Outfall tower works

15 Unit # 6 Spiral Casing - Preparations for Water pressure testing

16 NEW GENERATION PROJECTS
ITEZHI TEZHI HYDROPOWER PROJECT (120 MW) Owner PPP (ZESCO/TATA) Cost (Millions of US Dollars) 232 Duration (Years) 3.5 Operation 2015 Status 48% completed

17 ITEZHI TEZHI HYDROPOWER PROJECT

18 New Generation projects-SMALL HYDROS
SHIWANG’ANDU 1 MW – USD4.15 MILLION completed in 2012

19 New Generation projects-SMALL HYDROS
LUNZUA-15MW-US$52M- COMMISSIONING OF UNIT 1 SCHEDULED FOR END august 2014.

20 LUNZUA PROJECT LUNZUA-15MW-US$52M- COMMISSIONING OF UNIT 1 SCHEDULED FOR END august 2014.

21 New Generation projects-SMALL HYDROS
LUSIWASI UPPER -15MW-US$47M AWAITS SITE INVESTIGATIONS, AWARD OF CONTRACT, PROJECT FINANCING REHABILITATION AND UPRATING OF CHISHIMBA FALLS: MW – US$46M PREPARATION BID DOCUMENTS IN PROGRESS, AWARD OF CONTRACT, PROJECT FINANCING REHABILITATION AND UPRATING OF MUSONDA FALLS: 5-10MW – US$32M CONTRACT AWARDED, ADVANCE PAYMENT MADE TO EPC CONTRACTOR, PROJECT FINANCING. WORKS TO CONCLUDE IN 2016

22 New Generation projects-SMALL HYDROS
MUJILA FALLS 1.4MW-US$25M 75% OF PREPARATORY WORKS DONE. PROJECT COMPLETION EXPECTED 2017. LUSIWASI LOWER -86MW-US$164 EPC CONTRACT AWARDED but cancelled due to poor performance record

23 New Generation projects
Kafue Gorge Lower Hydropower Project (750 MW) OWNER:PPP (ZESCO/SINOHYDRO) COST:USD 2 BILLION DURATION: 6 YEARS OPERATION: 2019 STATUS: PROJECT PREPARATORY ACTIVITIES UNDERWAY. CONSULTANTS ARE BEING HIRED. DISCUSSIONS WITH FINANCIERS UNDERWAY. GRZ HAS ALLOCATED US$ 186 M (ZMK930 TR) FROM THE EURO BOND FOR THE KGL PROJECT AS PARTIAL EQUITY CONTRIBUTION

24 Other SHORT TERM MEASURES TAKEN TO REDUCE LOAD-SHEDDING
GENERATION CONTRACTING OF THE 50MW FROM NDOLA ENERGY. COMMERCIALLY AVAILABLE. CONTRACTING OF THE 300mw FROM Maamba collieries to be available in 2015

25 NEW GENERATION PROJECTS – POTENTIAL SITES
MPATA GORGE – 540 MW DEVIL’S GORGE – 500 MW BATOKA GORGE – 800 MW MUMBOTUTA FALLS MW MAMBILIMA FALLS SITE I – 202 MW MAMBILIMA FALLS SITE I – 124 MW KABWELUME FALLS MW KUNDABWIKA FALLS – 101 MW MUTINONDO MW LUCHENENE – 30 MW MKUSHI – 65 MW

26 TRANSMISSION PROJECTS ongoing
CONNECTION OF NORTH WESTERN PROVINCE TO NATIONAL GRID The objective is to support the increased access to electricity and improved quality of service by displacing the expensive diesel generators Cost: appx. USD150 million Funding: Secured from Nordea Bank (Sweden) Status: Contract awarded to EL TEL, now mobilizing to site. Design works in progress. Construction period 24 months. Commissioning April 2016

27 TRANSMISSION PROJECTS ongoing
KARIBA NORTH BANK EXTENSION POWER EVACUATION PROJECT The objective is to increase transmission capacity from KNBPS to the grid for the evacuation of power from KNBE project Cost: USD62 million Status: EPC contractor is Sinohydro, tower erection and conductor stringing are in progress. Construction Period: 18 months, project has however been delayed.

28 TRANSMISSION PROJECTS ongoing
KAFUE TOWN MUZUMA VICTORIA FALLS TRANSMISSION LINE UPGRADE The objective is to increase transmission capacity southwards for export to and from SAPP and provide evacuation path for new generation projects Scope: Upgrade 348 km of 220 kV line to 330 kV Cost: USD100 million Status: Procurement process almost complete Funding: World Bank and European Investment Bank Construction Period: 18 months

29 Other TRANSMISSION PROJECTS ongoing
PENSULO KASAMA AND PENSULO CHIPATA 330 KV PROJECT The objective is to improve power quality in Eastern, Muchinga, Northern and Luapula provinces and to increase transmission capacity to these areas Cost: USD335 million Construction Period: 30 months from August 2012

30 TRANSMISSION PROJECTS ongoing
ITT MUMBWA LUSAKA WEST TRANSMISSION LINE PROJECT The objective is to provide power evacuation for the ITT power station Cost: USD133 million Funding: EIB, AfDB and AFD Status: EPC procurement process for substation and transmission line complete. Construction period: 18 months

31 TRANSMISSION PROJECTS ongoing
SUPPLY TO KALUMBILA MINE The objective is to supply power to the proposed FQM Kalumbila mine Scope: 400km of 330 kV double circuit line and 66 km of 330 kV single circuit line and associated substation at Kalumbila Cost: USD300 million Status: Transmission line and substation works in progress Construction period: commissioning is expected end of 2015

32 Other TRANSMISSION PROJECTS ongoing
CONNECTION OF LUANGWA DISTRICT TO THE GRID The objective is to support the increased access to electricity and improved quality of service by displacing the expensive diesel generators Cost; USD63million Status: Construction works are in progress. Construction period: commissioning is expected December 2014

33 TRANSMISSION PROJECTS ongoing
LUSAKA TRANSMISSION & DISTRIBUTION REHABILITATION and upgrading PROJECT The objective is to increase the transmission capacity of the Lusaka Transmission and Distribution Network Cost: USD210million Funding: World Bank, European Investment Bank and ZESCO Limited Status: Financing by WB, EIB. going through the process. Construction period: completion expected by 2018

34 future transmission PROJECTS
ZIZABONA The objective is to increase regional trade in power by increasing transmission capacity for north to south and east to west power trading Project promoted by Zimbabwe, Zambia, Botswana and Namibia Cost: USD230million Funding: Discussions ongoing with potential financiers. DBSA, AFDB, KfW Status: technical and market studies completed, project governance documents prepared IUMOU, IGMOU signed. Joint Development Agreement to be signed by BPC. Will lead to signing of Shareholders Agreement Consultant engaged and SPV registration is underway Construction period: commissioning is expected by 2017

35 SHORT TERM MEASURES TAKEN TO REDUCE LOAD-SHEDDING transmission projects
UPGRADING (RE-CONDUCTORING) OF LUSAKA 132 KV

36 SHORT TERM MEASURES TAKEN TO REDUCE LOAD-SHEDDING
MEASURES TO INCREASE TRANSMISSION CAPACITies: INSTALLATION OF A SECOND 125 MVA 330/132 KV TRANSFORMER AT LUSAKA WEST TO SUPPORT 132 KV SYSTEM. (Completed in 2012) UPGRADE OF MAZABUKA SUBSTATION COMPLETED IN 2012 INSTALLATION OF COMPENSATION EQUIPMENT IN THE COPPERBELT

37 SHORT TERM MEASURES TAKEN TO REDUCE LOAD-SHEDDING –DISTRIBUTION PROJECTS
Distribution projects under increased access to electricity services. sponsored by WB, JICA and other financiers in progress. Project cost us$75million

38 IAES –projects status Project Name Project Description Project Cost
(USD) Project Status Kanyama Substation ZESCO/IAES/W/002/ 12 Design, Supply & Installation of Kanyama 2 x 16/25MVA 33/11kV S/S in Lusaka 3,406,018.75 . Overall Progress 98% Livingstone’s Lusaka Rd Substation ZESCO/IAES/W/001/ 12 Design, Supply & Installation of Lusaka Rd 2 X 15/20MVA 33/11kV S/S in Livingstone 4,020,411.00  Grid Reinforcement - IAES  Procurement of and Works to Install Reinforcement Transformers at Roma 132/11kV; Figtree132(88)/33kV; Chibombo 132(88)/33kV Substations 12,637,654.52 Overall Progress 20% Garden, Kanyama, Misisi Township Electrification (Integrated Approach)  Integrated Approach to Electrification in Garden, Kanyama & Misisi Townships 1,824,940.00 Progress 40%. Intensification Works in the Copperbelt Region ZESCO/IAES/002/ 12  Construction of Total 32km of 11kV of lines, 39x200kVA,11/0.4kV Tx’s ; 45km of 400V lines and service connection (Intensification Works) in the Copperbelt Region ( ie Kabushi,Chipulukusu,New Kawama & Chibolya) 2,781,965.66 75% progress Grid Extension Works in the Northern Region ZESCO/IAES/001/ 12 Construction of Total of 30km x 11kV and 8x200kVA,11/0.4kV Tx’s; 37km of 33kV Lines, 23x50kVA,33/0,4kV Tx’s and service connection (Grid Extension Works) in the Northern Region (ie Lukulu,Ipusukilo mission & Lukulu farm block) 2,315,061.76 Construction of lines is underway, with 80% progress New Distribution Lines ZESCO/IAES/JICA/001/11 Construction of Distribution Lines in KapiriMposhi & Mumbwa; Azele1 & Lundazi; Mbereshi 1&2; Isoka1 & Luwingu; Vic Falls & Mazabuka; Senanga & Mongu; Mujila Falls Lower P/S 12,781,965 Grid Extension Works in the Central Region ZESCO/IAES/W/008/12 Construction of Grid Extension lines in Central Region covering Mukonchi and Mangango 8,111,772.84 Line Surveys, Bush-clearing and pole pegging completed, in readiness for construction.

39 SHORT TERM MEASURES TAKEN TO REDUCE LOAD-SHEDDING
NEW KANYAMA SUBSTATION

40 SHORT TERM MEASURES TAKEN TO REDUCE LOAD-SHEDDING
WAYLEAVE ENCROACHMENT -NEW KANYAMA SUBSTATION INCOMPLETE LINE

41 SHORT TERM MEASURES TAKEN TO REDUCE LOAD-SHEDDING
EUROBOND PROJECTS IN LUSAKA, KITWE AND NDOLA – COMMISSIONING TO START BY AUGUST 2014 Project cost USD 69 million Over 60% of funds already committed

42 DERP PROJECTS STATUS Name of the project Scope of Work Project Status
Progress Expected Commissioning New Chalala 33/11kV Substation Chalala 33/11kV new Substation with two 33/11kV 26 MVA TXs Civil works completed. Installation in progress 98% August , 2014 Rehabilitation of Water Works 33kV busbar Civil works for half busbar completed & electrical works in progress for half busbar. 50% Rehabilitation of 33kV waterworks bay 1 at Woodland Sub Civil works completed & electro-mechanical works snagging completed 33kV OHL, 18kM & 11kV OHL, 5kM Erection and stringing work in progress 95% August, 2014 New Bonaventure 33/11kV Substation Bonaventure 33/11 KV new Substation with two 33/11 kV 26 MVA T/Fs 94% Rehabilitation of Chilanga 33kV busbar Civil & installation works in progress 80% 33kV OHL, 25kM and 11kV OHL, 5kM July, 2014 Upgrade 33kV switchgear at Lusaka West Sub new 33kV outdoor Switching Station Civil & electrical works in progress. 93% & 86% September, 2014 Chongwe 88/33kV Sub upgrade Rehabilitation of Chongwe 88 / 33kV Substation and install 132/ 88/ 33kV, 52 MVA TXs Civil works completed. Installation in progress. 90% Upgrade of 33kV switchgear at Liverpool Substation New 33kV indoor GIS Switchgear Civil & electrical works Construction of two new Substations and 66kV transmission lines New Scaw 66 /11kV Substation with two 66/11 kV 40 MVA TXs 97% & 72% New Mwambashi 66 /33kV Substation with two 66/33kV 26 MVA TXs 97% & 80% New 14kM 66kV transmission line from Chambishi Copper Smelter Sub to Mwambashi Sub Civil & installation works in progress. 84% December, 2014 New 28kM 66kV transmission line from Mwambashi Sub to New SCAW Sub

43 DERP PROJECTS STATUS CONT’D
Reinforce Makeni, Matero, Chelstone, Kabulonga & L85 Substations Chelstone 33/11kV new Substation with two 33/11kV 26 MVA TXs Civil works, Installation & Testing and Commissioning completed. snagging completed Kabulonga 33/11kV new Substation with two 33/11kV 26 MVA TXs Civil, Installation, Testing & Commissioning completed. L85 33/11kV new Substation with two 33/11kV 26 MVA TXs Civil & electrical works in progress. 99% & 94% August, 2014 Rehabilitation of Makeni and add two 33/11kV 26 MVA TXs Civil works completed. Installation in progress. 99% & 98% August , 2014 Rehabilitation of Matero and add two 33/11kV 40 MVA TXs Reinforcement of supply at Ndeke Village in Mufulira New 66/11kV Substation with two 66/11kV ,26 MVA TXs Civil & Installation works in progress. 95% & 80% September , 2014 New 24kM 66kV transmission line from Chambishi Copper Smelter and 10kM of 11kV OHL Civil & installation works in progress. 85% December, 2014 Reinforcement of supply in Chongwe town 33/11 kV new Substation with two 33/11 kV 26 MVA TXs Civil works completed. Installation in progress 98% 33kV OHL, 25kM , and 11kV OHL, 5 KM 33kV & 11kV installation in progress 97% July, 2014

44 NEW KABULONGA SUBSTATION UNDER DERP

45 11KV BOARD AT KABULONGA SUBSTATION

46 PLANNED CAPITAL INVESTMENT 2014
ZESCO PLANS TO SPEND ZMK 5,634BN ON ASSETS AND INFRASTRUCTURE development IN 2014 Over 45% already utilized

47 PLANNED CAPITAL INVESTMENT (BREAKDOWN)
STRATEGIC BUSINESS UNIT 2014 CAPITAL EXPENDITURE (ZMK’000) GENERATION 1,342,371 TRANSMISSION 2,913,348 DISTRIBUTION 1,198,500 CORPORATE 179,898 TOTAL 5,634,117

48 TARIFFS IN THE REGION COUNTRY AVERAGE RETAIL TARIFF US$ CENTS/KWH
TANZANIA 8.2 SWAZILAND 11.50 ZIMBABWE 9.80 SOUTH AFRICA 8.70 NAMIBIA 8.60 MOZAMBIQUE 7.50 BOTSWANA 7.00 MALAWI 6.80 ANGOLA 6.00 ZAMBIA

49 IPPs AND THEIR CAPACITIES
GENERATION SOURCE CAPACITY MW ENERGY (MWH) KNBE 360 488,978 ITPC 120 506,289 KGL 750 2,761,905 NDOLA ENERGY (HFO) 50 438,000 Maamba Collieries Ltd 300 2,362,205 EMCO 2,022,472 TOTAL 1880 8,579,849

50 ZESCO REVENUE DEFICITS DUE TO PRICE DIFFERENTIALS ON IPPs
 DESCRIPTION USc/ KWH REVENUE (US$) AVERAGE TARIFF - IPPs 12.75 883.7M AVERAGE SELLING TARIFF 6.02 516.5M TARIFF DIFERENTIAL 6.73 367.2M REVENUE LOSS (US$ )

51 POWER PURCHASE AGREEMENTS WITH independent power producers
to ensure load shedding is minimized zesco has contracted power from Ipps at higher cost compared to the prevailing tariffs on the market. Avearge tariff UsC/KwH -6.02 Annual loss of 367 million USD

52 REASONS FOR LIMITED INVESTMENTS IN THE ELECTRICITY SECTOR
THE ELECTRICITY ENERGY SECTOR IN ZAMBIA HAS SUFFEREED LITTLE OR NO INVESTMENT DESPITE GOVERNMENTS INITIATIVE TO HAVE THE INDUSTRY DEREGULATED DUE TO LARGELY: NON COST REFLECTIVE TARIFF LACK OF WILLINGNESS FROM CUSTOMERS TO PAY COST REFLECTIVE TARIFFS ZAMBIA HAS THE LOWEST TARIFFS IN THE REGION.

53 POWER PURCHASE AGREEMENTS WITH independent power producers
DUE TO THE UNATTRACTIVE TARIFFS, the ZAMBIAN ELECTRICITY SECTOR IS LARGELY DOMINATED BY ZESCO –SINGLE BUYER MODEL.

54 SOLAR ENERGY OPTION Solar energy can only be harnessed when it is daytime and sunny. Less efficient and costly equipment (Efficiency for most panels between 17-20%) Reliability Depends On Location, climate, pollution e.t.c Environmental Impact of PV Cell Production Requires large tracts of land for solar panels and batteries No feed-in tariff in place –must be developed by Memwd and ERB

55 SOLAR ENERGY OPTION Cost of solar energy very high
Example to PROCURE AND install a 25kwp it costed ZESCO ABOUT usd 300,000

56 Other initiatives to reduce load-shedding
Power plants will take time to come on board Therefore ZESCO Management stepped up DSM activities to accelerate energy efficiency initiatives Energy saver lamp (CFLs) distribution Power Alert System Energy Audit and Power Factor Correction Solar Power Technology Time of Use Tariff (TOU) Ripple control of electric geysers Prepayment metering

57 Demand Side Management (DSM)
DSM is a utility program aiming to fine tune consumers energy consumption pattern according to utilities energy production and distribution capacity To reduce load-shedding To release system capacity Make available additional power for new connections Reduced energy bills for customers Promote energy efficiency and save the environment

58

59 CFL DISTRIBUTION

60 CFL DISTRIBUTION An 87mw new power plant will cost not less than us$300million while zesco spent u$4.0million on the procurement and distribution of the cfls Consignment Distributed Savings (MW) Efficacy (CFL/kW) IAES (1 million) 913,056 57 16 ZEM (1 million) 595,832 29.79 20 Cumulative 1,508,888 86.79 17

61 POWER ALERT SYSTEM The Power Alert System is essentially a communication tool that utilizes the television and radio media as the channel to inform electricity consumers on the energy situation in the Power network thereby prompting Customer response. The system therefore triggers voluntary participation of consumers in electricity demand reduction by switching off unnecessary loads in response to the broadcast power alert message.

62 POWER ALERT SYSTEM

63 SOLAR POWER 305 out of 1,000 Solar Geysers installed mostly in Government Institutions and transit Homes (with 566KW power savings). Remaining solar geysers to be installed in ZESCO Institutional Houses mostly at power stations & Service Camps ZESCO HQ office lighting and Parliament Emergency supply already on Solar Power At ZESCO HQ 1,850 LEDs retrofitted in fluorescent fittings

64 RIPPLE CONTROL SYSTEM Means of load shaving (instead of load shedding)
Mainly targeted at electric geyser loads Initially targeted at 100,000 Residential Customers in Lusaka Projected load of about 135MW to be saved Can be implemented even under system emergencies Technical specifications drawn. Financing arrangements underway

65 Zesco projects

66 conclusion Zesco limited has embarked on various projects from the production side through to distribution to reduce and ultimately stop load-shedding. Government being the major shareholder has given support through provision of equity and guarantees for debts being contracted to finance the projects. Load-shedding in Zambia, the plan is therefore to ensure cost reflective tariffs in order to attract invest in the generation, transmission and distribution electricity infrastructure.

67 THANK YOU!!


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