Zambia: Zesco in tariff talks with IPPs

Issue 428 - 03 Dec 2020 | 1 minute read

Zesco is in talks to lower power purchase prices from its private suppliers while it awaits completion of a delayed cost of service study. The utility’s debt to Zambia’s four IPPs currently stands at just under $800m, and Maamba Collieries Ltd (MCL) has gone to the High Court in London to enforce payment on $350m it is owed.

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