06/06/2024
207 PROJECTS APPROVED, INCLUDING SOLAR-ENERGY AND DAM PROJECTS.
The Zambia Environmental Agency (ZEMA) has approved a total of 207 projects with a total investment value of about US$965 Million.
Below are the Highlights;
✅ZEMA has approved a total of 207 projects bringing a total of projects approved in 2024 to 452 with a total investment value of about US$ 2.0 billion.
✅All the approved projects are required to commence within three years to maintain the validity of ZEMA approvals.
✅Among the 207 projects approved are;
1. Five Solar energy projects with a total capacity of 270 MW and cost of US$150 million.
2. Six Dam projects with a combined capacity of 16 million cubic meters (m3) and cost of US$ 504 Million.
✅Both solar energy and dam projects will in the long run help to mitigate the adverse effects of droughts.
✅ZEMA remains cognisant of the need to respond to the presidential directive to speed up investment in the energy sector and water harvesting projects in view of the drought experienced and has adversely affected power supply and agriculture.