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‘Long-term power purchase deals vital’

KABANDA CHULU, Cape Town, South Africa
COPPERBELT Energy Corporation (CEC) Plc says there is need for long-term power purchase agreements (PPAs) to ensure bankability of projects to supply reliable electricity to the mining industry.

CEC managing director Owen Silavwe said the region is facing a high need for new generation and transmission capacity to meet the increasing demand.
“There is need for models that rely on the private sector to realise enhanced transmission capacity since governments are faced with limited or no capacity to support projects.