NDOLA Energy Company has secured additional $70 million for the expansion of its 50 megga watts capacity Heavy Fuel Oil (HFO) Power station now under construction, making the total investment in the project to US$ 110 million.
The company's project manager Anders Langhorn said in an interview in Ndola yesterday that the HFO plant which was expected to start production in April 2013, would be expanded to produce an additional 50 megawatts.
Mr Langhorn said during the construction and subsequent expansion of the HFO power plant situated in Ndola's heavy industrial area adjacent to Indeni Petrolium Refinery and TAZAMA Pipelines national oil distribution terminal, was expected to employ more than 260 people.
"There will approximately 60 employees when the plant is in operation. During construction we and Zambian subcontractors will employ in total approximately 200 people," he said.
He said once the HFO power station becomes fully operational the quality and reliability of power in the Coperbelt region was expected to improve.