Leading Zambian power utilities firm to supply 78 MW in DRC
The long term contract signed will go a long way to alleviate the plight of power shortages in the DRC. This shows that the Zambian firm is now able to meet its power supply commitments (“SNEL”), secures electricity supply to Meltakol for up to ten years in two phases. The first phase to deliver a […]
The long term contract signed will go a long way to alleviate the plight of power shortages in the DRC. This shows that the Zambian firm is now able to meet its power supply commitments
(“SNEL”), secures electricity supply to Meltakol for up to ten years in two phases.
The first phase to deliver a total of 62MW will run until quarter two of 2019; following which power supply will ramp up to 78MW per year during the second phase and for the remainder of the contract.
Managing Director, Owen Silavwe, has described the agreement as a demonstration of CEC’s commitment, agility and promise to meet the specific and unique requirements of customers in Zambia and the DRC market, and a reaffirmation of the Company’s growing partnership with SNEL and the mining community in the DRC.
He said, “Supplying secure and reliable power to mining houses is at the core of CEC’s business. With many years of experience successfully supplying reliable power to mining operations in both Zambia and the DRC, this agreement demonstrates our resourcefulness, commitment and ability to provide fit-for-purpose power solutions to our customers’ satisfaction. CEC has put together a robust portfolio of power sources, invested in transmission networks in Zambia, including the interconnection of DRC’s SNEL network to the regional interconnected power system, and is proactively finding solutions to customers’ changing needs. We are excited by the opportunity to extend our services to Metalkol and to provide an effective power solution that will contribute to the success of the Metalkol RTR project.”
Owned by Eurasian Resources Group (“ERG”), a leading diversified natural resources group, Metalkol is also a low-cost hydro-metallurgical facility.
Benedikt Sobotka, CEO of ERG, commented: “This is an important milestone in the progress of the Metalkol RTR project, a unique development for the global battery industry…
Read complete article: Zambia Business Times
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