Executive Summary
ZESCO Limited is a vertically integrated electricity parastatal registered under the Companies Act. ZESCO was established in 1970 and is wholly owned by the Government of the Republic of Zambia (GRZ). However, ZESCO operates as an autonomous entity that is monitored by the Government, through the Board of Directors, to ensure that performance benchmarks are met. The Company is mandated to Generate, Transmit and Distribute electricity throughout Zambia.
Development cannot be sustained without energy, and electricity is one of its key forms. Limited access to modern, clean and affordable energy services is an important contributor to the poverty levels in Zambia particularly in rural areas. Access to modern forms of energy is cardinal to fighting poverty, promote economic growth and employment opportunities, support the provision of social services, and in general promote sustainable human development. It is for this reason; therefore, that enhancing energy service delivery for poverty alleviation and sustainable development is one of GRZ’s highest priorities in infrastructure development.