ZESCO has signed a 13-year Bulk Supply Agreement with the Copperbelt Energy Corporation -CEC- worth $1.9BN.
ZESCO Managing Director VICTOR MAPANI says the new Bulk Supply Agreement marks the replacement of the old agreement which expired on March 31, 2020.
Mr. MAPANI says the Bulk Supply Agreement allows the two parties to supply power to customers within the country across each other’s networks.
Speaking during a press briefing in Lusaka today, the ZESCO Managing Director said the development will ensure the territorial exclusivity clauses that existed in the previous agreement are addressed.
