ZESCO Limited says it is not happy with load shedding because the utility is losing revenue due to fixed contracts and obligations that need to be met. ZESCO also says returning to the multi-year tariff framework does not guarantee approval, as tariff awards depend on performance and regulatory satisfaction. Speaking during ZESCO’s Malaiti Monday Live online programme, ZESCO Chief Financial Strategist Saviour Mwila said with electricity rationing, the company loses revenue due to fixed contracts and obligations that still need to be met. “You see, that’s the other issue. So, when there’s electricity rationing, that’s lost revenue for ZESCO. But then you say, ‘So what? There’s no power, how is it lost revenue?’ So, we have fixed contracts to maintain....

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