This article needs to be updated. Please help update this article to reflect recent events or newly available information.(June 2014)
ZESCO (acronym for Zambia Electricity Supply Corporation Limited) is a state-owned power company in Zambia. It is Zambia's largest power company producing about 80% of the electricity consumed in the country. ZESCO represents Zambia in the Southern African Power Pool.
The company operates nine hydropower stations with a combined capacity of 2,217.5 MW and eight small thermal power plants with a combined capacity of 11.3 MW resulting in a total installed capacity of 2,228.8 MW.[1]
The company also owns and operates power distribution and transmission lines of 9,975 km.
ZESCO has formed power purchase agreements with private companies that own power plants in Zambia. It purchases the power produced and feeds is directly into the national grid. GL Africa Energy provides the national grid through ZESCO with over 105 MW of power under this agreement.[2]
ZESCO owns 40% shares in EL Sewedy Electric Zambia Limited.[3]
In June 2022, ZESCO signed a 13-year Bulk Supply Agreement (BSA) with Copperbelt Energy Corporation (CEC) Plc. The power supply limit under the BSA was set at 380MW. ZESCO projects that they will earn an estimated US$150.0 million per annum from the agreement. These earnings are expected to translate into an estimated US$2.0 billion over the lifetime of the BSA.[4]
In July 2022, at the 94th Agricultural and Commercial Show in Lusaka, the managing director of the National Utility ZESCO, Victor Mapani announced that the company plans to deploy Electric Vehicle(EV) charging stations across the country in an effort to accelerate and promote the transition to EVs and enhance carbon emission reduction.[5]
The national grid in Zambia only extends to some parts of the country. For example, it ends 380 kilometres (240 mi) from the Ikelenge area around Kalene Hill in the extreme northwest, and as of 2008, ZESCO had no plans to provide power to this remote area. In response, some small-scale private operations have been established such as the Zengamina 700 KW hydroelectric generator.[6] The Energy Regulation Board is encouraging private investment in hydroelectric power generation in view of the power deficit.[7]
zesco, zambian, football, team, united, this, article, needs, updated, please, help, update, this, article, reflect, recent, events, newly, available, information, june, 2014, acronym, zambia, electricity, supply, corporation, limited, state, owned, power, com. For the Zambian football team see ZESCO United F C This article needs to be updated Please help update this article to reflect recent events or newly available information June 2014 ZESCO acronym for Zambia Electricity Supply Corporation Limited is a state owned power company in Zambia It is Zambia s largest power company producing about 80 of the electricity consumed in the country ZESCO represents Zambia in the Southern African Power Pool Zambia Electricity Supply Corporation LimitedCompany typePublicIndustryElectricity Generation and SupplyFounded1970HeadquartersLusaka ZambiaRevenueUS 409 million 2017 Number of employees3 600 2007 ParentState ownedWebsitewww wbr zesco wbr co wbr zm Contents 1 Operations 2 Power stations 3 Limitations 4 See also 5 References 6 Notes 7 External linksOperations editThe company operates nine hydropower stations with a combined capacity of 2 217 5 MW and eight small thermal power plants with a combined capacity of 11 3 MW resulting in a total installed capacity of 2 228 8 MW 1 The company also owns and operates power distribution and transmission lines of 9 975 km ZESCO has formed power purchase agreements with private companies that own power plants in Zambia It purchases the power produced and feeds is directly into the national grid GL Africa Energy provides the national grid through ZESCO with over 105 MW of power under this agreement 2 ZESCO owns 40 shares in EL Sewedy Electric Zambia Limited 3 In June 2022 ZESCO signed a 13 year Bulk Supply Agreement BSA with Copperbelt Energy Corporation CEC Plc The power supply limit under the BSA was set at 380MW ZESCO projects that they will earn an estimated US 150 0 million per annum from the agreement These earnings are expected to translate into an estimated US 2 0 billion over the lifetime of the BSA 4 In July 2022 at the 94th Agricultural and Commercial Show in Lusaka the managing director of the National Utility ZESCO Victor Mapani announced that the company plans to deploy Electric Vehicle EV charging stations across the country in an effort to accelerate and promote the transition to EVs and enhance carbon emission reduction 5 Power stations editFurther information List of power stations in Zambia Kafue Gorge Lower 750 MW Kafue Gorge Upper 990 MW Kariba North Bank 720 MW Kariba North Bank Extension 360 MW Victoria Falls 108 MW Itezhi Tezhi Dam 120 MW Maamba Collieries Thermal Power Station 300 MWLimitations editThe national grid in Zambia only extends to some parts of the country For example it ends 380 kilometres 240 mi from the Ikelenge area around Kalene Hill in the extreme northwest and as of 2008 ZESCO had no plans to provide power to this remote area In response some small scale private operations have been established such as the Zengamina 700 KW hydroelectric generator 6 The Energy Regulation Board is encouraging private investment in hydroelectric power generation in view of the power deficit 7 See also editEconomy of Zambia List of Zambian CompaniesReferences edit ZESCO to increase electricity tariffs with effect from 1st July 2014 Notes edit Energy Sector Report 2014 PDF Report Energy Regulation Board Zambia 2015 Kangali Chatula 29 April 2016 Zambia Ndola Energy Project to Expand The Times of Zambia Ndola Retrieved 7 July 2017 zambiadispatch 27 April 2022 zesco receives 2m dividend from el sewedy electric zambiadispatch com Retrieved 28 April 2022 daily mail 11 July 2022 zesco to earn 2bn from cec deal daily mail co zm Retrieved 13 July 2022 zambianobserver 30 July 2022 zesco to deploy ev charging stations in many towns mapani zambianobserver com Retrieved 31 July 2022 Zengamina Hydro Project North West Zambia Development Trust Retrieved 16 December 2011 ERB Approves Zengamina Tariffs PDF The Energy Regulator SECOND ed 2008 Retrieved 16 December 2011 External links editZESCO Official website nbsp This article about a company or corporation involved in the energy industry is a stub You can help Wikipedia by expanding it vte nbsp This Zambia related article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title ZESCO amp oldid 1135768666, wikipedia, wiki, book, books, library,
