By NOEL IYOMBWAGOVERNMENT should bailout Zesco by actualising the energy utility reforms and implementing the cost effective tariffs, an energy expert Johnson Chikwanda has said.Mr Chikwanda said that the UPND manifesto was clear on the energy sector such as the implementation of cost effective tariffs.He said that once implemented, Zesco would be buying power from independent utility companies at reasonable tariffs which would eventually lead to savings and affordable supply to customers.Mr Chikwanda said that the power utility was making losses because it had been buying power at an expensive rate from independent companies to meet the demand.He said actualising energy reforms must be prioritised as it was the only way Zesco could be helped by the government.Mr Chikwanda stressed the need for the government to reconsider certain power purchase agreements as a way of assisting the company.He also called for the company to invest in other forms of energy in case there was a […]
BAILOUT ZESCO’
