Energy

June 14, 2019

Indeni declares K31 million dividend to IDC

INDENI Petroleum Refinery Company has declared K31million dividend to its shareholder the Industrial Development Corporation (IDC). This is the fifth dividend payment Indeni has made since […]
May 29, 2019

Scaling Solar

We did it! “Diversifying Zambia’s Energy Mix” FACT: First Scaling Solar project (a World Bank Group program) to be commissioned in Africa. 54 MW –  first large […]
October 1, 2018

President Lungu urges IDC to accelerate solar power projects

President Edgar Lungu has directed the Industrial Development Corporation (IDC) to accelerate all other solar projects which are in the pipeline. Speaking on Monday when he […]
July 9, 2018

First ‘Scaling Solar’ Auctions in Zambia Yield Record Low Tariffs amid Electricity Shortages

The 6.02¢/kWh tariff makes the projects the lowest-cost solar power in sub-Saharan Africa to date Lusaka – Zambia’s Industrial Development Corporation (IDC) opened bids on May 27 from […]
June 21, 2016

Public Disclosure Meeting for the Draft Environmental and Social Impact Statement for the Proposed Solar PV Plants at LS-MFEZ (Round 1 Scaling Solar Project)

The Industrial Development Company Zambia Limited (IDC) is an investments holding company wholly owned by the Government of Zambia. The IDC is mandated to play a […]