Fri, 27 Jan 2017 10:01:29 +0000 By Buumba Chimbulu ZESCO has spent in excess of US$250 million on the importation of emergency power supplies which are ending this year, company director of finance Saidi Chimya has said. Mr Chimya said in an interview that Zesco was compelled to spend the colossal amount of money from the time it commenced the emergency power imports to reduce load shedding. ‘‘So far it is in excess of US$250 million. We are importing from about four suppliers, these are the companies we have contracts with,” he said. Meanwhile, Zesco managing director Victor Mudende said the utility company was prepared to supply all the power needed locally once the emergency power was withdrawn at the end of 2017 when all contracts were expected to end. Mr Mudende explained that Zesco had embarked on many projects with a different energy mix which would sustain the demand for power in Zambia. […]
