Economy

ZESCO welcomes ERB’s rejection of proposed tariff hike amid power crisis

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ZESCO Limited has accepted the Energy Regulation Board’s (ERB) decision to reject its request for a tariff adjustment during the current emergency period.

Corporation spokesperson, Matongo Maumbi, explained that the proposed adjustment was intended to secure additional power supplies amid Maamba Collieries Limited’s scheduled annual maintenance.

This acknowledgment was contained in a statement issued in Lusaka on Saturday.

Read More: Energy Regulatory Board rejects ZESCO’s tariff adjustment proposal

“The critically low water levels at Kariba Dam also posed a risk of power plant shutdown,” Maumbi stated.

He added that the Corporation is still analyzing the details of the ERB’s decision and assessing its potential impact on operations.

“As ZESCO continues to navigate this power crisis, the Corporation remains committed to employing all available mitigating measures,” he mentioned.

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