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Project SnapShot

The Kafue Gorge Lower hydroelectric power station is being built on the Kafue River in the Chikankata district in Zambia. The project includes the construction of a 140m-high concrete-face rock fill dam.

Project Details

a. Type of Technology: Hydroelectric
b. Capacity: 750MW
c. Commercial Operations Date: 2019
d. Financing
i. The total cost of the project is estimated at $2bn, which includes engineering, procurement and construction costs of $1.58bn, financing costs of $43m, insurance cost of $100m, and capitalized interest of $312m.
ii. Exim Bank of China.
iii. Zambian government has allocated an initial investment of $186m for the project

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