Zambia: African Energy Resources signs MoU with Zesco

Issue 276 - 03 May 2014
Australia’s African Energy Resources has signed a memorandum of understanding (MoU) with Zesco to supply 300MW of baseload electrical power from its Sese Coal & Power Project into the national grid in southern Zambia. The Perth-based company will carry out a desktop study to evaluate preferred options for the transmission and integration of the power. Zesco will provide access to its technical capability and information to assist with the study, and Australian investment and advisory firm Maysen and Borowski Investments will support the companies.

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