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Zambia: New power law

Concerned by Zesco’s soaring debt to IPPs, Zambia plans to overhaul its electricity sector to bring more transparency and stability in power pricing while increasing private sector participation. The 2019 Electricity Bill currently before parliament aims to liberalise the grid, ending the single-buyer model and reducing Zesco’s dominance of the power sector. Expected to obtain parliamentary approval this year, the new law seeks to regulate the generation, transmission, distribution and supply of electricity so as to improve supply and encourage private sector investment.

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