Left Menu
Development News Edition

World Bank bestows USD 26.5m to Zambia govt to boost rural electrification

Devdiscourse News Desk | Lusaka | Updated: 17-01-2019 22:42 IST | Created: 17-01-2019 22:42 IST
World Bank bestows USD 26.5m to Zambia govt to boost rural electrification
Matthew Nkhuwa, Energy Minister said that the beneficiaries would be connected to electricity through the main grid, at a subsidized rate of K250 (Image Credit: Twitter)

Government of Zambia is blessed with a gargantuan amount of USD 26.5 million from the World Bank to enhance electricity access in targeted rural areas.

The five-year project, which was approved in 2017, is vowed to offer electricity supply to around 22,000 low-income households and 1,000 SMEs in rural areas. According to Matthew Nkhuwa, Zambia's Energy Minister, the funds will be utilized to bolster the Rural Electrification program in various Provinces. He further said that the United States dollar Electricity Service Access Project will benefit communities, households, public facilities, businesses and farmers residing in rural areas.

Matthew Nkhuwa further noted that the beneficiaries would be connected to electricity through the main grid, at a subsidized rate of K250. Even, people located in more disperse zones will be benefited from independent solar system, or from separate mini-grids, as reported by Lusaka Times.

The source added that the project has been funded by a financial credit, from the World Bank and will be complemented by the Rural Electrification Authority and ZESCO (the state-owned power company in Zambia). The Managing Director of ZESCO, Victor Mundende opined that the power utility company is equal to the task of supplying power to the rural areas.


TRENDING

OPINION / BLOG / INTERVIEW

New farm bills in India: Focusing on farms or farmers?

... ...

Kenya’s COVID-19 response: Chaos amid lack of information

Confusing numbers and scanty information on how effective curfews and lockdowns have been in breaking transmission have amplified coordination and planning challenges in Kenyas response to COVID-19. Without accurate data, it is impossible t...

Farkhad Akhmedov: Calculating the price of impunity from the law

In insistences such as the battle over the Luna, Akhmedov has resorted to extreme legal machinations to subvert the High Courts decision and keep his assets from being seized. ...

Guinea’s elections hearken back to the autocracy and violence of its past

... ...

Videos

Latest News

Hathras case: SC to deliver verdict on Tuesday on pleas seeking court-monitored probe

The Supreme Court is scheduled to pronounce its judgment on Tuesday on a batch of pleas which have sought a court-monitored probe into the Hathras case, in which a Dalit girl was allegedly brutally raped and died of injuries, and transfer o...

SNB says Swiss banks have weathered pandemic well so far

Swiss banks have so far weathered the impact of the COVID-19 pandemic well, Swiss National Bank SNB Chairman Thomas Jordan said on Monday, cautioning that a strong franc could pose a problem for the Swiss financial industry. The global spre...

I&B ministry ready with order in Sudarshan TV matter, Centre tells SC

The Centre Monday told the Supreme Court that the IB Ministry is ready with the order in the matter in which a show-cause notice was issued to Sudarshan TV based on the recommendation of an inter-ministerial group which has viewed all the e...

Norway tightens rules on gatherings and foreign workers as virus spreads

Norway will impose tougher measures to combat the coronavirus following a recent rise in the number of infections, including stricter rules on private gatherings, Prime Minister Erna Solberg said on Monday.The government also said it would ...

Give Feedback