Headline : ‘Zambia ripe for clean energy investment’

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By KELVIN MUDENDA – A LOCAL energy investor says the sound policies by the current Government have boosted investor confidence and triggered investments in clean and renewable energy in Zambia.Rusco Cable and Transformer is upbeat about the current economic policies especially for the energy sector.Managing Director Jason Truscott said with the Government leveraging renewable energy sources for a sustainable future, a lot of companies were now taking the step to invest and embrace clean and green renewable energy.

By JUDITH NAMUTOWE
 - THE Zambezi River Authority (ZRA) has said the feasibility study on the Batoka Hydropower Station has been reviewed. ZRA chief executive officer Munyaradzi Munodawafa said in an interview yesterday that the review on the demo structure, power house and capacity output on the project had been completed. Mr Munodawafa said the authority was currently waiting for the second phase of the Environmental Impact Assessment (EIA). ‘‘We have reviewed the Batoka Hydropower Station feasibility study. The study on the demo structure, power house structure and the capacity output on the project has been completed,’’ Mr Munodawafa said. He said the finalisation of the study and the EIA was expected to be completed in the first quarter of 2015. Mr Munodawfa said consultants were currently working on other processes and thereafter the project committee which include senior Government officials , utilities and ZRA would visit the project this month. He said once all these processes were completed, ZRA would then be able to select the developer for the project, after which the authority would be able to come up with the actual value of the project. Zambia and Zimbabwe signed a Memorandum of Understanding (MoU) to team up and start the Batoka hydropower project which is estimated to cost about US$4 billion. The agreement was signed during the council of ministers held at Kariba in Siavonga recently.

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