Zambia-based ZESCO Limited and Power Construction Corporation of China (PowerChina), which may be a wholly state-owned company, have signed up 3 contracts worth $548 million.
The contracts are signed for 600 MW of grid-connected solar energy projects to be developed in Chirundu, Chibombo and Siavonga districts of Zambia. Consistent with the company’s statement, the three-grid connected solar PV projects will have a capacity of 200 MW each.
“The signing of the three contracts is historic for ZESCO and Zambia as a whole, as it is a significant step towards diversifying renewable energy development in power generation,” the company stated.
Speaking on occasion, Victor Mulenga Mundende, the managing director of ZESCO Limited, informed that the projects would benefit over one million current and potential customers by increasing access to reliable electricity. He added that the projects would also enhance industrial development and create employment opportunities for the local people.
