By 
President Hakainde Hichilema says Southern Africa must never run short of energy as this will create ripple effects on factories, small-scale businesses and cause employment issues.
According to a statement, President Hichilema said this on Wednesday when he conducted a tour of the Maputo Combined Cycle Thermoelectric Power Plant where he was briefed on the construction and operations of the company.
Hichilema noted the great effort by the company not only to increase their capacity to generate, but also their undertaking to convey this power to demand areas in order to strike a balance between supply and demand.
He implored the company to utilize the borrowed financing to invest in the company that will ultimately generate income.
“We implored the company to utilise the borrowed financing to invest in the company that will ultimately generate income than utilise it for consumption-oriented projects, and further encouraged them to export the excess power produced, to the sub-region,” Hichilema said.
Read more: Hichilema leaves for Mozambique on state visit
He said the company should produce to generate income than utilize it for consumption-oriented projects, and further encouraged them to export the excess power produced, to the sub-region.
Contributed by Augustine Sichula
WARNING! All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express permission from ZAMBIA MONITOR.
Comments