CEC, Zesco deal done
Published On June 23, 2022 » 609 Views» By Times Reporter » Business, Stories
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By KENNEDY MUPESENI-
THE Copperbelt Energy Corporation (CEC) and Zesco Limited have finally signed the long awaited Bulk Supply Agreement (BSA) after a two year impasse.
The BSA is effective from April 1, 2022 as it anchors the commercial terms for the provision of services between the two companies.
According to a market update by the Lusaka Securities Exchange (LuSE), CEC company secretary Julia Chaila said succeeding the previous agreement that expired on March 31, 2020, the new BSA had been signed with a term of 13 years.
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