Kafue Gorge Hydro power project impresses Energy MinisterBy MICHAEL MIYOBAENERGY Minister Peter Kapala says Government is in a hurry to ensure that it engages lenders to help finance the construction of the 750MW Kafue Gorge Lower Hydro Power project which was scheduled to be commissioned in March last year.Speaking after touring the Hydro Power project, expected to cost US$2.3 billion, Mr Kapala said government will soon engage lenders on how best it can pay off the loans meant to finance the project which will enable Zambia to export power to other countries when commissioned. Mr. Kapala said he was impressed with the progress made by the contractor Sinohydro who have continued to work on the project despite the numerous challenges.Mr Kapala who recently confirmed Zesco’s $3.5 billion debt in Parliament, hailed Zesco Limited Managing Director Victor Mundende for the works done at the Hydro Power station which was expected to be completed in March last year.The […]
Kafue Gorge Hydro power project impresses Energy Minister
