ZESCO AND ZAMBIA SUGAR FORGE HISTORIC POWER SUPPLY DEAL TO FUEL ECONOMIC GROWTH AND DEVELOPMENT IN ZAMBIA

ZESCO AND ZAMBIA SUGAR FORGE HISTORIC POWER SUPPLY DEAL TO FUEL ECONOMIC GROWTH AND DEVELOPMENT IN ZAMBIA

ZESCO Limited and Zambia Sugar PLC have today, Tuesday 5th March 2024, signed a new Power Supply Agreement (PSA), marking a new era between the companies. This was done at the Zambia Sugar Estate in Nakambala, Mazabuka.

ZESCO Managing Director, Eng. Victor Mapani said “this agreement is more than just a commercial transaction. It underscores our shared dedication to Zambia's development and prosperity. By securing a reliable and cost-effective 30mw power supply for Zambia Sugar, ZESCO demonstrates its unwavering focus on customer centricity.”

Zambia Sugar Country Manager, Oswald Magwenzi said “without energy, Zambia Sugar would not be able to pump water and do what we do. Zambia Sugar cannot do without energy. Energy is right at the core of the company’s business. This PSA signifies that we are doing everything possible to make sure that the lifeblood that energizes what we do is guaranteed.”

This agreement serves as a springboard for even greater collaboration moving forward. ZESCO and Zambia Sugar envision a future where combined efforts unlock the vast potential within both sectors.

By working hand-in-hand, the two entities can contribute significantly to economic diversification, create employment opportunities, and align seamlessly with the government's developmental programs.

ZESCO should share in public lecture how Maamba coal mine deal and CPC etc were fixed.

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Mathews Chalwe

MEIZ | B.eng Electrical and electronics engineer | investor.

1 年

How much capacity are we talking about here

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