President Hakainde Hichilema has acknowledged that the recently commissioned 100-megawatt (MW) Chisamba Solar project was overpriced, emphasizing that Zambia must pursue more cost-effective and timely energy solutions.
The project was financed through a structure comprising 70% debt from Stanbic Bank and a 30 equity contribution from Kariba North Bank Power Company, a ZESCO subsidiary.…..Read the details in the weekly ZBT 22nd September 2025 edition out!, get your copy via link https://zambianbusinesstimes.com/subscribe_to_zambian…/