3 June 2013 – Zambia currently has a 200 MW shortfall in supply, but the country has the potential to be a regional exporter of electricity. Zambia’s finance minister Alexander Chikwanda has said electricity exports can be its biggest foreign exchange earner if electricity supply utility Zesco could work expeditiously on all its power schemes, according to a report in the Times of Zambia.
Speaking in Siavonga when he toured the Kariba North Bank project, Chikwanda says Zambia has no competitors with regard to electricity exports adding that even the biggest economies in the region like South Africa don’t have the 40% water surface that Zambia has.
He says Zesco should move fast and ensure that projects such as the Kafue George lower initiative go ahead and in due course the government will embark on the Batoka project. He says that once the power schemes come on stream and the thermal power plant embarked on by Maamba Collieries was completed by the end of 2014, the power supply in the country would stabilise.
Speaking at the same function, Zesco managing director Cyprian Chitundu said the utility company was exporting power during off peak hours to neighbouring countries. Chitundu said Zesco has been exporting about 50 MW to Namibia and another 50 MW to the Democratic Republic of Congo (DRC) only during off peak hours.