{"id":57861,"date":"2024-03-23T22:52:40","date_gmt":"2024-03-23T22:52:40","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/zambia-negotiating-purchase-of-more-electricity"},"modified":"2024-03-24T00:04:02","modified_gmt":"2024-03-24T00:04:02","slug":"zambia-negotiating-purchase-of-more-electricity","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/zambia-negotiating-purchase-of-more-electricity","title":{"rendered":"Zambia negotiating purchase of more electricity"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>Zambian state-owned electricity company ZESCO is in negotiations with its counterpart Electricity of Mozambique (EDM) to increase the electricity it buys from the neighbouring country to 120 MegaWatts (MW), said Zambian Energy Minister Peter Kapala.<\/p>\n

\u201cZESCO is actively engaged with Mozambique\u2019s EDM for an increase in firm power imports to a further 120 MW,\u201d said the Zambian energy minister, quoted in the country\u2019s press on Friday.<\/p>\n

He added that Zambia currently imports 50 to 90 MW of energy from Mozambique, which it now intends to increase in order to meet demand while also moving ahead with the gradual withdrawal of 120 MW of energy from its export market, which it sells through bilateral contracts, a plan to be implemented by December 2024.<\/p>\n

\u201cIt is important to note that this plan will translate into a loss of revenue of $110 million [\u20ac101 million],\u201d said Kapala.<\/p>\n

EDM announced last October that it would \u201cresume selling electricity\u201d to Zambia through its counterpart ZESCO, according to a contract that could reach 250 MW signed in Luanda.<\/p>\n

According to the agreement signed between the chairman of EDM\u2019s board of directors, Marcelino Gildo Alberto, and ZESCO\u2019s director general, Victor Benjamin Mapani, this is a Power Supply Agreement (PSA) that \u201cmakes possible\u201d the \u201cfirm\u201d sale to the neighbouring country of 50 MW during off-peak hours and a further 200 MW \u201cnon-firm\u201d.<\/p>\n

On the other hand, the two parties also renewed the agreement to extend the period of cross-border energy supply to the town of Zumbo, in Tete province, in this case from Zambia.<\/p>\n

The two agreements, according to EDM, were initialled today on the sidelines of the 55th meeting of the Executive Committee of the Southern Africa Power Pool (SAPP), taking place in Luanda, Angola.<\/p>\n

The chairman of EDM\u2019s board of directors recalled that Mozambique has an installed capacity of 2,790 MW, of which it absorbs 1,057 MW for peak domestic demand.<\/p>\n

\u201cWe, therefore, have a considerable surplus that we offer for sale on the energy export market, through bilateral agreements and on the competitive SAPP market. In this way, we want to cement our strategic position as a regional power generation centre, bringing more foreign exchange to the country,\u201d said Marcelino Gildo Alberto on the same occasion.<\/p>\n

For More News And Analysis About Mozambique<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mozambique. Zambian state-owned electricity company ZESCO is in negotiations with its counterpart Electricity of Mozambique (EDM) to increase the electricity it buys from the neighbouring country to 120 MegaWatts (MW), said Zambian Energy Minister Peter Kapala. \u201cZESCO is actively engaged with Mozambique\u2019s EDM for an increase in firm power imports to a further […]<\/p>\n","protected":false},"author":84,"featured_media":57860,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,281,283],"class_list":["post-57861","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\nZambia negotiating purchase of more electricity - Mozambique<\/title>\n<meta name=\"description\" content=\"Zambian state-owned electricity company ZESCO is in negotiations with its counterpart Electricity of Mozambique (EDM) to ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/zambia-negotiating-purchase-of-more-electricity\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Zambia negotiating purchase of more electricity\" \/>\n<meta property=\"og:description\" content=\"Zambian state-owned electricity company ZESCO is in negotiations with its counterpart Electricity of Mozambique (EDM) to ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/zambia-negotiating-purchase-of-more-electricity\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-23T22:52:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-24T00:04:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2024\/03\/sm_1711219698.204651.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"376\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/zambia-negotiating-purchase-of-more-electricity#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/zambia-negotiating-purchase-of-more-electricity\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Zambia negotiating purchase of more electricity\",\"datePublished\":\"2024-03-23T22:52:40+00:00\",\"dateModified\":\"2024-03-24T00:04:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/zambia-negotiating-purchase-of-more-electricity\"},\"wordCount\":381,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/zambia-negotiating-purchase-of-more-electricity#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2024\/03\/sm_1711219698.204651.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/zambia-negotiating-purchase-of-more-electricity#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/zambia-negotiating-purchase-of-more-electricity\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/zambia-negotiating-purchase-of-more-electricity\",\"name\":\"Zambia negotiating purchase of more electricity - 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