The Board of Directors of the African Development Bank (AfDB) has approved a USD 35-million senior loan and a USD 3 million standby facility to Itezhi-Tezhi Power Corporation (ITPC) and a concessional loan of USD 18 million to the government as Zambia Electricity Supply Company (ZESCO)'s share of the equity to develop the Itezhi-Tezhi hydropower plant project that will provide reliable, low-cost ...
Africa: AfDB Boosts Access to Low Cost Sustainable Energy in Zambia
African Development Bank (Tunis), 19 June 2012
The Board of Directors of the African Development Bank (AfDB) has approved a USD 35-million senior loan and a USD 3 million standby facility to Itezhi-Tezhi Power Corporation (ITPC) and a concessional loan of USD 18 million to the government as Zambia Electricity Supply Company (ZESCO)'s share of the equity to develop the Itezhi-Tezhi hydropower plant project that will provide reliable, low-cost ...
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