Zesco, FQM in 10-year power deal
Published On November 28, 2023 » 523 Views» By Times Reporter » Business, Stories
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•ZESCO Limited managing director Victor Mapani (right) with First Quantum Minerals chief operating officer Rudi Badenhorst display documents after the two institutions signed a 10-year power supply agreement in Lusaka yesterday. Picture courtesy of ZESCO LIMITED

By JAMES KUNDA –
ZESCO Limited and First Quantum Minerals (FQM) have signed a 10-year power supply agreement to Kansanshi and Sentinel mines in North-Western Province.
Speaking during the signing ceremony in Lusaka yesterday, Zesco managing director Victor Mapani said the agreement was a significant step towards ensuring a commercially and legally sustainable relationship which aligned with Zesco’s vision to be an effective provider of reliable and environmentally sustainable electricity services by 2031.

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