Friday, Apr 19, 2024
logo
Update At 14:00    USD/EUR 0,94  ↑+0.0007        USD/JPY 154,32  ↓-0.276        USD/KRW 1.382,94  ↑+5.38        EUR/JPY 164,11  ↓-0.422        Crude Oil 88,63  ↑+1.52        Asia Dow 3.680,88  ↑+19.64        TSE 1.802,00  ↓-6.5        Japan: Nikkei 225 37.156,27  ↓-923.43        S. Korea: KOSPI 2.591,03  ↓-43.67        China: Shanghai Composite 3.062,00  ↓-12.2286        Hong Kong: Hang Seng 16.184,02  ↓-201.85        Singapore: Straits Times 3,19  ↓-0.016        DJIA 22,13  ↓-0.067        Nasdaq Composite 15.601,50  ↓-81.873        S&P 500 5.011,12  ↓-11.09        Russell 2000 1.942,96  ↓-4.992        Stoxx Euro 50 4.936,57  ↑+22.44        Stoxx Europe 600 499,70  ↑+1.18        Germany: DAX 17.837,40  ↑+67.38        UK: FTSE 100 7.877,05  ↑+29.06        Spain: IBEX 35 10.765,00  ↑+131.1        France: CAC 40 8.023,26  ↑+41.75        

Company Database


COPPERBELT ENERGY CORPORATION

Address

1st Floor Abacus Square, Stand No. 2374/B Thabo Mbeki Road, Lusaka

Phone Number

+260 212 244956

website

http://cecinvestor.com/

about this company

Our Mission

  • We are committed to supply reliable energy and high quality services to meet our customers’ unique and changing needs efficiently and proactively;

  • Increase value for our shareholders

Our Vision

To be the leading Zambian investor, developer and operator of energy infrastructure in Africa by providing innovative solutions and building strategic partnerships through committed professional teams

Our Values

  • Being honest in all our dealings

  • Supporting each other

  • Building good team relationships

  • Being open to new ideas

  • Developing a ‘can do’ attitude


The Copperbelt Energy Corporation Plc (CEC), a member of SAPP and listed on the Lusaka Stock Exchange, is an independent power transmission and quality electricity distribution company with interests in Zambia and sub-Saharan Africa, including optic fibre based telecommunications. As a developer of energy infrastructure in Africa, CEC is respected in the region for its skills in designing and operating transmission systems and its status as an emerging independent power generating company.

With a control centre on the Copperbelt, we operate and maintain a network comprising transmission, distribution and generation assets.

Our assets comprise an emergency power generation capacity of 80MW, transmission and distribution network of around 1,000 km of overhead power lines, 41 high voltage substations and electricity network carrying capacity in excess of 700MW.

We operate an interconnector with the Democratic Republic of Congo (DRC), through which power is wheeled to Zambia, Zimbabwe and South Africa.

CEC’s strategy is to:

  • grow and diversify its business by pursuing viable opportunities in the energy and telecommunication sectors;

  • play a role in observing and shaping the present and future business environment for the benefit of the Company, its customers, and its suppliers;

  • develop strategic partnerships with technical and financial resources to realise a shared vision of energy infrastructure development in Zambia and surrounding territories.

Factors that drive growth in CEC’s core business include:

  • expansion of mining activities by CEC’s existing mine customers;

  • connection of new mines and other mining related businesses currently being planned;

  • mining fuelled growth of CEC’s domestic wheeling in the form of domestic (expanding towns), industrial and commercial loads on the Copperbelt;

  • power trading involving CEC’s owned international Interconnector between Zambia and DRC.

Our key strengths:

  • Over 50 years of experience in supplying power to the mines;

  • Circa around 1,000 kilometres of 220kV and 66kV transmission lines;

  • 540 kilometres of optic fibre on power lines;

  • 250 kilometres in trenches;

  • 41 high voltage substations and dedicated control centre;

  • 80MW embedded thermal generation;

  • Power transmission for national utilities – Zambia and Democratic Republic of Congo (DRC);

  • Owns Zambian part of the Zambia – DRC Interconnector line;

  • Accounts for over 50% of power consumed in Zambia;

  • Actively expanding into Africa.