Maravi

(LUSAKATIMES) RB constitutes team to look at restructuring of ZESCO

RB constitutes team to look at restructuring of ZESCO
Wednesday, May 5, 2010, 17:20

President RUPIAH BANDA has constituted a committee of ministers to look at the restructuring of ZESCO. Energy Minister KENNETH KONGA disclosed this at a media breakfast organised by the Zambia Chamber of Commerce and Industry (ZACCI) in Lusaka today.

Mr KONGA said the committee is currently sitting and consulting all stakeholders on the restructuring of ZESCO. He said Government has also commissioned a study to look at the most effective and cheapest option of importing crude into the country.

Mr KONGA said some of the options include modernising Indeni refinery, constructing a new refinery or using the TAZAMA pipeline.

And Speaking at the same function, Communications and Transport minister GEOFFREY LUNGWANGWA announced that government is conducting feasibility studies on the construction of new rail lines.

Professor LUNGWANGWA said government intends to construct a rail line from Kafue to Zimbabwe and another from Solwezi through Kasempa to Namibia’s Walvis Bay.

He said government intends to construct another rail line from Chipata in the Eastern province to Serenje in Central province.

Professor LUNGWANGWA said government will soon advertise for tenders for the construction of the rail lines.

[ZNBC]

Labels: GEOFFREY LUNGWANGWA, INFRASTRUCTURE, KENNETH KONGA, ZESCO

posted by MrK @ 9:45 PM