Investments in energy will attract healthy returns as the demand for power exists. Currently Central Province has investments by Lunsemfwa Hydro Power Company Limited (LHPC) which is the first private power producer.It also has the Itezhi tezhi hydro power station which is a joint venture between Tata India and Zesco. Demand for power still exists in the country and the Southern African Development Community (SADC) region. Central Province will welcome other investors in the energy sector. Zambia’s electricity demand stood at 1,949 megawatts (MW) in 2015. However, the sector was only able to produce 1,281 MW thus giving a deficit of 668 MW. The Current projections indicate that growth in demand will increase by 150 MW to 200 MW per year.
As at 2016 the country’s installed capacity stood at 2,493 MW of which 97 percent was from hydro and 3 percent from other sources. Investments are being encouraged in Hydro, Geothermal, Wind and Solar energy generation.
The picture depicts Kundalila Falls with great potential for hydro power generation.
