ZESCO Limited Board Chairperson Vickson Ncube says the company will never enter into agreements which can create problems for it. Recently, former energy minister David Mabumba said Zesco should be mindful of the ACSG Westland Power Company deal cost structure as it was already indebted. But in an interview, Monday, Ncube said Zesco was very calculative on tariffs before entering any new agreements to ensure that they were never above the cost reflective tariff. “Let’s not worry ourselves with those things. We don’t just sign agreements. Issues of ensuring that we are not entering into a loss, we handle them very quickly. All the tariffs that we are negotiating now are well within the range and we know it will...

To continue reading this premium content, login to your account or Subscribe to our ePaper using the buttons below.
Log In Subscribe