ENERGY Minister Peter Kapala has announced that Zesco Limited has signed a Power-Purchase Agreement (PPA) with Integrated Clean Energy Power Company Ltd (CiEG) of China. In a statement shared on his Facebook page, Monday, Kapala said the signed agreement will see the production of 2,400 Megawatts of renewable energy estimated at US$3.5 billion. “ZESCO has this afternoon signed a Power-Purchase Agreement (PPA) with Integrated Clean Energy Power Company Ltd (CiEG) of China to produce 2,400 Megawatts of renewable energy estimated at US$3.5 billion. The pledged US $3.5 billion investment will be rolled out in phases of 600-800MW over a 3-year period in four provinces beginning this year with 300mw in Southern Province and 300mw in Central Province,” he said. “The...

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