BY NATION REPORTERTHE Ministry of Energy and Zesco have defied President Hakainde Hichilema’s guidance that the state-owned power utility company and Luapula Hydro Power Corporation Limited should consider the possibility of entering into an equitable partnership for the development of Kalungwishi Hydro Power Project in national interest, sources have told the Daily Nation.Instead, the Ministry of Energy and Zesco have demanded a complete takeover of the Luapula Hydro Power Corporation Limited, sources from both the Ministry of Energy and Zesco have confirmed.President Hichilema’s desire and efforts to have the Zambian owned Kalungwishi Hydro Power project fully developed are allegedly being frustrated and undermined by Zesco managing director Victor Mapani and Peter Kapala, the Minister of Energy.“It seems our boss’s earlier request to buy shares in Luapula Hydro and its subsequent rejection is what is still angering him such that he’s doing everything possible to block a local company that has been pushing this development for […]
Zesco, Minister defy HH

Sign Up For Daily Newsletter
Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
- Advertisement -