C/B Zesco Chief Wants Higher Tariffs

Zesco Limited Copperbelt Division Manager Wilbroad Chanda has said that the current electricity tariffs are not cost reflective as the company is operating on a loss.

During a Media Workshop in Kitwe Chanda said Zesco limited will continue to push for cost reflective tariffs to ensure the company remains economically viable.

He said currently Zesco limited has not made any application for an increase on electricity tariffs but was still contemplating on doing so in the near future.

Chanda said despite the 75% tariff increase, the company was failing to meet its production costs as most of its projects are internally funded.

He further stated that ZESCO is faced with challenges in its operations as a result of low tariffs that are not supportive of production costs.

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