Zambia: Itezhi-Tezhi to receive CDM funding
Issue 314
- 17 Dec 2015
| 1 minute read
Itezhi-Tezhi Power Corporation, a 50:50 joint venture between India’s Tata Power and national utility Zesco, has been approved for funding via the United Nations Framework Convention on Climate Change (UNFCCC) Clean Development Mechanism (CDM) for the 120MW Itezhi Tezhi hydroelectric power project. The plant is expected to begin operating in the next few weeks (AE 312/5) and will result in a reduction of 5,892,480 tonnes of CO2 over the ten-year crediting period. Itezhi-Tezhi was registered for CDM in September 2015 and SGS United Kingdom undertook the validation process.
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