INDIAN INVESTOR INTERESTED IN SETTING UP A RENEWABLE ENERGY POWER PLANT

Posted on : 20-06-2017 | Back | Print

STATEMENT ON INDIAN INVESTOR INTERESTED IN SETTING UP A RENEWABLE ENERGY POWER PLANT FOR RELEASE TO THE MEDIA ON JUNE 20, 2017 


An Indian investor says he wants to expeditiously build a 50 million US Dollars garbage renewable energy plant in Lusaka to add 30 mega watts to the national electricity grid.

 

SURESH KUMAR of SENFRA Limited says his company has all the resources needed for the project adding that the power plant should be near a key dumpsite.

 

He says the project would result in over one thousand direct jobs and four thousand indirect beneficiaries working in collaboration with the local authorities.

 

MR. KUMAR said this when he called on Zambia’s High Commissioner to India JUDITH KAPIJIMPANGA at the Zambian chancery in New Delhi, India.

 

Mr. KUMAR says the project will not take more than six months to be operational as financial resources and expertise are readily available.

 

And Zambia’s High Commissioner to India JUDITH KAPIJIMPANGA says the investment in question is timely because the country has an energy deficit adding that the exercise would be profitable because Government has made electricity tariffs cost reflective.

 

Mrs. KAPIJIMPANGA who is also accredited to Bangladesh, Nepal, Sri Lanka, Myanmar, Maldives and Singapore says the project is important as government wants to create more jobs and address the power deficit in the country.

 

She says the renewable energy project would further add to environmental sustainability as Lusaka would no longer have garbage because citizens would want to make money from garbage.

 

Mrs. KAPIJIMPANGA says Lusaka city has CHUNGA Dumpsite which can be used for the project in question but says the Ministries responsible for energy, environment, local government and lands would guide on the matter.

 

The High Commissioner has also urged the investor to start acquainting himself with labor laws in Zambia.


This is contained in a statement made available by First Secretary Press and Tourism at the Zambian Mission in New Delhi, India, Bangwe Naviley.

Issued by:

Bangwe Naviley- First Secretary Press

ZAMBIA HIGH COMMISSION

New Delhi, India

Mobile: +918527745134



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