President Edgar Lungu has re-affirmed Zambia and Zimbabwe\u2019s commitment towards the construction of a 4 billion United States Dollars Batoka Gorge hydro power station in Southern Province.<\/p>\n
President Lungu said a lot of groundwork has been done and that the two countries are in full support of the power project.<\/p>\n
The President said this when he met General Electric Corporation President Farid Fezoua in New York on the side-lines of the United Nations General Assembly.<\/p>\n
President Lungu said demand for stable electricity both in Zambia and Zimbabwe necessitated the implementation of the Batoka hydro power project.<\/p>\n
He disclosed that some countries in East Africa have already shown interest in the mega-power project in Southern Province as it will be able to produce sufficient electricity to meet local demand while the surplus would be exported.<\/p>\n
President Lungu has since urged American companies to emulate General Electric Corporation and invest in various sectors of the economy in Zambia.<\/p>\n
And Mr Fezoua said his firm in partnership with Power China is ready to implement the power project once all logistical arrangements were completed.<\/p>\n
Mr Fezoua said the two firms are determined to carry out quality workmanship on the Batoka hydro power station once actual works commence.<\/p>\n
The Batoka Gorge hydro power project is a joint venture between Zambia and Zimbabwe to be built on the Zambezi River across the international border.<\/p>\n
The two countries have engaged General Electric Corporation and Power China to build the power station with the capacity to produce about 2, 400 megawatts of power once completed.<\/p>\n","protected":false},"excerpt":{"rendered":"
President Edgar Lungu has re-affirmed Zambia and Zimbabwe\u2019s commitment towards the construction of a 4 billion United States Dollars Batoka Gorge hydro power station in Southern Province. President Lungu said a lot of groundwork has been done and that the two countries are in full support of the power project. The President said this when […]<\/p>\n","protected":false},"author":84,"featured_media":14011,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,12],"tags":[865,864,251],"class_list":{"0":"post-14009","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all-news","8":"category-policy","9":"tag-economy-in-zambia","10":"tag-president-lungu","11":"tag-us-dollar"},"yoast_head":"\n