Zambia power deficit not affecting mining

Zambia’s power supply deficit has grown by nearly 20% since September, state power utility Zesco said on Friday, despite massive price hikes and government fastracking support for green energy projects to fight drought-induced electricity shortages. Zesco’s Director of Corporate Services Patrick Mwila told a media briefing the electricity deficit had grown to 810 megawatts (MW) from a 690 MW gap in September. The senior executive said a deal to import 300 MW from South Africa’s struggling power utility Eskom had expired and would not be renewed. MINING COMPANIES INCLUDING FIRST… Read More Here