EU grant increases Zambians access to power

EU Zambia POWERFrom ARNOLD MULENGA in Lusaka, Zambia
LUSAKA, (CAJ News) – OVER 300 000 Zambians are set to enjoy reliable, clean and affordable electricity following the €65 million grant the European Union (EU) has signed with the Southern African country.
Electricity will be transmitted at least 63 000 households and micro small
enterprises (MSEs).
It will be done through the rehabilitation and expansion of the low voltage distribution network in selected low income areas of the capital city Lusaka, with high population density.
The grant has been signed in Brussels by EU Commissioner for International Development and Cooperation, Neven Mimica, and the Minister of Finance of
Zambia, Felix Mutati.
Mimica said the funding demonstrated the continued commitment of the European Union in collaboration with European Financial Institutions (EFIs) to provide the much needed capital investment for basic infrastructure development, in order to improve the livelihood and social status of poor communities in Zambia.
The rehabilitation of the low voltage distribution network and the new
connections will allow for the provision of reliable and affordable energy
services and economic empowerment.
“The programme will support the implementation of the European External
Investment Plan which prioritises socio-economic development through infrastructure and energy in particular.”
The project is co-financed with the European Investment Bank, which provides additional loans amounting to €15 million. It is also part of a larger Lusaka Transmission and Distribution Rehabilitation plan, co-financed by the European Investment Bank, World Bank and ZESCO.
Currently, Lusaka faces challenges, because its electricity network infrastructure results in significant energy losses.
This is coupled with an increasing population in high density low-income areas, which is unable to access electricity services due to high connection costs.
CAJ News

Short URL: http://cajnewsafrica.com/?p=17574

Posted by on Jan 20 2017. Filed under Africa & World, Electricity, Energy, Featured, Finance, National, Regional. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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