Zambian Govt Aims for 23,000MW Power Generation by 2050
The government, through the Integrated Resource Plan (IRP), aims to ramp up power generation to 23,000 megawatts (MW) by 2050, requiring an estimated US$31 billion in financing.
Minister of Energy, Peter Kapala, announced at the recent Energy Indaba that the IRP, launched last year, is a strategic long-term initiative designed to meet Zambia’s future energy needs.
Mr. Kapala highlighted that the plan includes a target to increase power generation to 6,500MW by 2026, with an initial capital requirement of US$5 billion.
SOURCE:Zambia Daily Mail
