Zambian state-owned power company ZESCO is expected to complete all contracts related to the Power Purchasing Agreement next month with EMCO Energy Zambia, which is expected to construct a 600MW coal-fired power station in Sinazongwe District.
Establishment commencing soon
Times of Zambia reported that over the next two months, EMCO Energy Zambia is expected to commence the construction of the coal-fired power plants which will be completed in two phases at a cost of $690 million.
Power generated will be transmitted via a 330 Kilometre transmission line and fed into the national grid.
Planned projects- a game changer
In a separate statement, ZESCO noted that all on-going power projects in the country, are estimated to take up in excess of $4.4 billion in the next five years.
ZESCO Managing Director, Victor Mundende, said “EMCO is expected to come on stream, we are about to finalise all agreements attached to the power purchase agreements, by December or January, the company will kick-start construction of the 600MW coal-powered thermal power plant in Sinazongwe.”
The coal-fired plant, planned to have a lifespan of 30 years, is expected to be implemented around three-and-a-half years after its approval from the Zambia Environmental Management Authority (ZEMA).
Mundende confirmed that work is in progress for all the power projects, with Lunzua Power Authority (LPA) planning to spend $700 million in developing 247MW on Kalungwishi River.
“All the efforts we are making are part of our strategy to diversify the energy mix in the country and mop up more power and overcome power deficit challenges in the short, medium and long term,” he said.
Other projects include; Ndola Energy, estimated to cost $75million on 60MW heavy fuel thermal power plants and ZESCO is spending a total of $2 billion on 750MW on Kafue River.
The Industrial Development Corporation (IDC) solar project is expected to cost $900 million to produce 300MW in Lusaka and Kitwe.