Energy Expert, Boniface Zulu has described the World Bank’s approval of a $292 million for the Zambia-Tanzania Interconnector project as a huge milestone in the country’s energy sector.
Earlier this week, The World Bank approved a new grant of $292 million to the Zambian government to fund the Zambia–Tanzania Interconnector Project (ZTIP), aimed at enhancing sustainable and affordable energy access.
Speaking in an interview with RCV News in Lusaka today, Mr. Zulu said that once the interconnector is online, Zambia will be able to purchase power from Tanzania and other Eastern African countries such as Kenya and Rwanda.
“During periods of energy surplus, Zambia will also be able to sell excess power using the same interconnector to its neighbours, thereby generating revenue and stimulating economic growth,” said Mr. Zulu.
Mr. Zulu further added that with the Zambia-Tanzania interconnector project, Zambia is earmarked to become a key player in the regional energy market, while demonstrating its dedication to sustainable development and environmental protection.
By Elizabeth Mutale
