Government, CEC-KHPL sign implementation agreement for development of Kabompo Gorge Hydroelectric Power Project

The Government of the Republic of Zambia has today signed the Implementation Agreement for the development of the Kabompo Gorge Hydroelectric Power Project at a ceremony held in Lusaka this morning.

Represented by the Permanent Secretary in the Ministry of Mines, Energy and Water Development, Brigadier-General Emelda Chola, observed that signing of the Implementation Agreement will enable CEC complete the remaining project pre-implementation activities including the mobilization of financial resources for the construction of the project.

She stated that in view of the current power deficit and the load shedding the country was facing, the project would provide a sustainable source of electricity and stimulate socio-economic development through job creation during and after construction.

CEC and CEC-KHPL Chairman, Hanson Sindowe, said the Implementation Agreement is essentially the go-ahead from the Government and an assurance that it [Government] was behind CEC and would do all that it needs to do to ensure that the project takes off.

“The Government has, as witnessed today, given us the concession to develop this project. Certain actions and rights can only be taken and granted by the Government and it is these that underlie the Implementation Agreement”, he stated.

The Implementation Agreement provides direct contractual obligations and undertakings on the part of both the Zambian Government and the project developers.