The Zambia Electricity Supply Corporation (ZESCO) has said its 750MW power upgrade plans are likely to cost 80% more than anticipated.
ZESCO chairman Cyprian Chitundu said that the project, which involves development of the Kafue gorge power plant and upgrading six generators at the existing site, could cost $500 to $800m more than projected, writes africanews.com.
In order to meet Zambia’s 1,500MW power requirements, new plants, upgrades and repairs were necessary, Chitundu added.
ZESCO’s expansion plans aim to extend the electricity reach to half of the country. At present, only a quarter of the country has access to power.