Saturday, July 27, 2024

Lufwanyama in $6.8 Billion solar power plant boost

Share

Oxen Energy Trading Limited is earmarked to spend 6.8 Billion Dollars on solar energy programmes in Lufwanyama District on the Copperbelt.

Copperbelt Province Permanent Secretary Augustine Kasongo has praised Oxen Trading Limited, saying the company has come at the right time when the country is transforming the economy through job creation for the citizens.

Mr Kasongo says the investment in the electricity sub sector will contribute to the expansion of industries on the Copperbelt as another similar project has been undertaken in the region by the Copperbelt Energy Corporation Company (CECC) which is already producing 33 megawatts of solar energy.

 Mr Kasongo was speaking when Zambia Development Agency (ZDA) officers in the company of Oxen Trading Limited officials paid a courtesy call on him in Ndola.

Mr Kasongo pointed out that the setting up of an additional solar power plant in Lufwanyama will stimulate industrial growth in rural areas and create jobs for the local people.

He noted that the area where the Oxen Trading limited company wants to set up a solar power plant is agricultural dominated and the power plant will help to boost irrigation farming which will improve food security and provide a market to neighbouring countries.

Oxen Energy Trading Limited Business Manager, Hongwei Yang said the solar power plant will contribute to job creation for the local people.

ZDA Social Economic Manager, Jones Zulu said from the studies that the company conducted in Lufwanyama, it was discovered that the place is suitable for setting up a solar power plant.

9 COMMENTS

  1. Poor reporting “$6.8 Billion solar power plant boost”, how much power output are we talking about, how much land space, the figure is dodgy

  2. Don’t give people of Lufwanyama false hope. Are you sure they’re going to directly benefit from this project? This project hasn’t been targeted at Lufwanyama dwellers, their will be taken without adequate compensation just like those that were displaced during the construction of the Kariba dam. Despite being the backbone of hydropower generation, Southern province is among the least electrified provinces. So don’t mislead people

  3. Blah Blah Blah and just a few weeks from now we will never hear about this company called Oxen Trading…the problem with UPND is that they’re busy telling gullible Zambians about their dreams and wishful thinking and talking about big money projects just fooling Zambians…and by the way where is fake professor Clive Chirwa with his Motor Assembly plant in Kabwe….

  4. Under UPND everything is like a movie…nothing realistic….just deceiving Zambians 24/7…especially blind and gullible praise singers..just seeing 6.8 billion dollars headline and they will start jumping up and down even speaking in tongues….and HH knows he follows very well no wonder he is taking pictures shaking hands with Bazungu and signing MOUs that don’t even make sense….Kagame came to Livingstone and they signed a bunch of MOUs….now its just a bunch of papers gathering dust

    4
    1

Comments are closed.

Read more

Local News

Discover more from Lusaka Times-Zambia's Leading Online News Site - LusakaTimes.com

Subscribe now to keep reading and get access to the full archive.

Continue reading