THE Energy Regulation Board (ERB) has approved 34 licence applications and five construction permits in the renewable energy and petroleum sub sectors. In a statement, ERB Public Relations Manager Namukolo Kasumpa said the approved licences represented a combined investment of K2.46 billion. “The Energy Regulation Board (ERB) has approved 34 licence applications, and five construction permits in the renewable energy and petroleum sub-sectors, representing a combined investment of ZMW 2.46 billion (US$ 98.4 million). These approvals were granted at the July licensing committee meeting, where 35 applications were considered and regrettably one licence application was rejected due to non-compliance with safety standards and regulations. The stringent licensing process demonstrates the Board’s commitment to promote investment and growth in the energy...