A South African Company plans to Build a dam and 235 Megawatts (MW) Hydroelectric Power Station costing about 1.26 Billion United States Dollars in Zambia to help plug a Power Shortage.
Zambia’s High Commissioner to South Africa, Mr Emmanuel Mwamba has disclosed in a statement in Lusaka Today.
Zambia Generates about 2,600 Megawatts (MW), mostly from Hydropower Stations.
Generation is running below Capacity because of poor Rainfall. alongside Growing Demand for Electricity, this has left the Country with a Deficit of about 600 Megawatts (MW).
MDH South Africa Limited has proposed being an Anchor Developer for the Ndevu Gorge Power Project which is planned on the Luangwa River in Eastern Province.
Mr Mwamba said the Company has since made an Application for Authority to proceed with Feasibility through the Ministry of Energy.
The Ndevu Gorge Hydro Power Project involved building Dam on the Luangwa River to create a Lake that is 165 Kilometre (KM) long and 17 Kilometre (KM) wide at its broadest point, and which would drive a 235 Megawatts (MW) Power Station.
MDH South Africa was in discussions with investors and expected to conclude funding negotiations after the government issued the authority to proceed with feasibility.
MARCH 31, 2017