By KALOBWE BWALYA ZESCO must be allowed to increase electricity tariffs so that the company can be profitable and be saved from collapse, energy expert Johnson Chikwanda has said. Mr Chikwanda also emphasised the need for Zesco to re-negotiate tariff with Independent Power Producers (IPPs) with a view of reducing costs on power purchases. He said reducing overhead and administrative costs at Zesco would make the company more relevant to the country. “Zesco will be more relevant when it becomes profitable. The company should be allowed to increase tariffs,” said Mr Chikwanda. Mr Chikwanda has since welcomed Government’s assurance that the remaining 450 mega watt units at Kafue Gorge Lower will be commissioned by the end of the year. He said this was commendable as it would enhance Zesco’s ability to export significant amount of electricity in the region.Mr Chikwanda has since called for expansion of the current different customer bands which attract different tariffs. He […]
ZESCO NEEDS TARIFFS INCREASE TO STAY AFLOAT – CHIKWANDA
