{"id":24278,"date":"2022-06-17T20:41:25","date_gmt":"2022-06-17T20:41:25","guid":{"rendered":"https:\/\/www.africa-press.net\/zambia\/all-news\/zesco-to-pay-for-the-remaining-works-at-kafue-gorge-lower-after-china-froze-funding"},"modified":"2022-06-17T21:49:49","modified_gmt":"2022-06-17T21:49:49","slug":"zesco-to-pay-for-the-remaining-works-at-kafue-gorge-lower-after-china-froze-funding","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zambia\/all-news\/zesco-to-pay-for-the-remaining-works-at-kafue-gorge-lower-after-china-froze-funding","title":{"rendered":"ZESCO to pay for the remaining works at Kafue Gorge Lower after China froze funding"},"content":{"rendered":"

Africa-Press – Zambia. <\/strong><\/span>The remaining construction works at the 2.3 billion dollars Kafue Gorge power project are being financed by Zesco and alternative funds after EXIM Bank of China froze funding to the Kafue Gorge Lower project, Energy Minister Peter Kapala has announced.<\/p>\n

Mr. Kapala says Zesco is generating internal revenue to ensure that works at the 750 mega watts Kafue Gorge Lower project are completed early and all the turbines come online.<\/p>\n

He said whereas government is not looking at asking Exim Bank to unfreeze funding to the project, negotiations with China to restructure and reschedule the Kafue Gorge Lower project debt are on course and there is goodwill from China who know that the new dawn government means business.<\/p>\n

The Minister has however assured in a statement that the exporting of power will not lead to load-shedding as is being suggested in some quarters of society.<\/p>\n

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

Africa-Press – Zambia. The remaining construction works at the 2.3 billion dollars Kafue Gorge power project are being financed by Zesco and alternative funds after EXIM Bank of China froze funding to the Kafue Gorge Lower project, Energy Minister Peter Kapala has announced. Mr. Kapala says Zesco is generating internal revenue to ensure that works […]<\/p>\n","protected":false},"author":84,"featured_media":24276,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[234,235,233],"class_list":["post-24278","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-zambia","tag-zambia"],"yoast_head":"\nZESCO to pay for the remaining works at Kafue Gorge Lower after China froze funding - Zambia<\/title>\n<meta name=\"description\" content=\"The remaining construction works at the 2.3 billion dollars Kafue Gorge power project are being financed by Zesco and al ...\" \/>\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\/zambia\/all-news\/zesco-to-pay-for-the-remaining-works-at-kafue-gorge-lower-after-china-froze-funding\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ZESCO to pay for the remaining works at Kafue Gorge Lower after China froze funding\" \/>\n<meta property=\"og:description\" content=\"The remaining construction works at the 2.3 billion dollars Kafue Gorge power project are being financed by Zesco and al ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zambia\/all-news\/zesco-to-pay-for-the-remaining-works-at-kafue-gorge-lower-after-china-froze-funding\" \/>\n<meta property=\"og:site_name\" content=\"Zambia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-17T20:41:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-17T21:49:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2022\/06\/img-62acf6e2c72ba.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/zesco-to-pay-for-the-remaining-works-at-kafue-gorge-lower-after-china-froze-funding#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/zesco-to-pay-for-the-remaining-works-at-kafue-gorge-lower-after-china-froze-funding\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"ZESCO to pay for the remaining works at Kafue Gorge Lower after China froze funding\",\"datePublished\":\"2022-06-17T20:41:25+00:00\",\"dateModified\":\"2022-06-17T21:49:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/zesco-to-pay-for-the-remaining-works-at-kafue-gorge-lower-after-china-froze-funding\"},\"wordCount\":170,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/zesco-to-pay-for-the-remaining-works-at-kafue-gorge-lower-after-china-froze-funding#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2022\/06\/img-62acf6e2c72ba.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Zambia\",\"Zambia\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/zambia\/all-news\/zesco-to-pay-for-the-remaining-works-at-kafue-gorge-lower-after-china-froze-funding#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/zesco-to-pay-for-the-remaining-works-at-kafue-gorge-lower-after-china-froze-funding\",\"url\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/zesco-to-pay-for-the-remaining-works-at-kafue-gorge-lower-after-china-froze-funding\",\"name\":\"ZESCO to pay for the remaining works at Kafue Gorge Lower after China froze funding - 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