The project will bridge the gap of Zambia’s electricity deficit by undertaking a feasibility study for a potential small hydropower project with a capacity of 5.1 MW in Mpulungu, in the Northern Province of Zambia. In addition to the electricity generation to stabilise the electricity network in the region, this project includes plans for environmental preservation and livelihood improvement at the project site. Escas Power (Pvt) Ltd has completed the pre-feasibility studies of the project and has concluded that investment is financially viable in terms of its return on investments and profitability of the operations.
If the feasibility study reaches financial close, the project aims to establish 10,100 connections, providing 48,480 people with enhanced energy access. On an annual basis, 21,497 tCO2e will be reduced and 18,666 MWh of clean electricity will be generated. Escas Power plans to create 10 temporary and 2 permanent jobs, with 52% of leadership positions filled by women.
Zambia
EUR 674 320
EUR 462 424
Mini-grid
Hydro
Feasibility study
2024 -