ZESCO Limited and Zambia Sugar PLC on Tuesday 5th March 2024, signed a new Power Supply Agreement (PSA), marking a new era between the companies.
The signing took place at the Zambia Sugar Estate in Nakambala, Mazabuka.
Commenting after the signing of the deal, ZESCO’s Managing Director, Eng Victor Mapani said, “This agreement is more than just a commercial transaction.
It underscores our shared dedication to Zambia’s development and prosperity.
“By securing a reliable and cost-effective 30MW power supply for Zambia sugar, Tesco demonstrates its unwavering focus on customer centricity.”
On his part, the Zambia Sugar Country Manager, Oswald Magwenzi said, “Without energy, Zambia Sugar would not be able to pump water and do what we do.
Zambia Sugar cannot do without energy. Energy is right at the core of the company’s business.
“This PSA signifies that we are doing everything possible to make sure that the lifeblood that energises what we do is guaranteed.
“This agreement serves as a springboard for even greater collaboration moving forward. ZESCO and Zambia Sugar envision a future, where combined efforts unlock the vast potential within both sectors.”
By working hand-in-hand, the two entities can contribute significantly to economic diversification, create employment opportunities and align seamlessly with the government’s developmental programmes.
Source: https://energynewsafrica.com
