Lessons learnt from drought-induced energy crisis – Mapani
Published On July 29, 2024 » 351 Views» By Times Reporter » Business, Stories
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By ANDREW MULENGA –
ZESCO says it has learnt lessons from the impact of the current El-Nino-induced drought on the country’s energy sector.
Zesco managing director, Victor Mapani says the utility company has realized that the country needs to re-strategize financing options for power projects.
Mr Mapani said in a presentation during the national economic summit that there was also a need to increase local mobilisation for energy sources that international financiers had no appetite to fund.
“There is a need to mobilise more domestic financing for power projects and not just relying on traditional financing to ensure the country’s energy security,” he said.

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