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Zambia Aims to Build Two Power Plants Costing $295 Million, Regulator Says

Zambia’s Energy Regulation Board approved the construction of two power plants that will cost a total $295 million, said Kwali Mfuni, spokeswoman for the Lusaka-based regulator.

Itezhi Tezhi Power Corp. and Ndola Energy Co. were given permission to build new plants, Mfuni said in an e-mailed statement.

Zambia’s is Africa’s biggest copper producer.

To contact the reporter on this story: Anthony Mukwita at amukwita1@bloomberg.net

To contact the editor responsible for this story: Gordon Bell at gbell16@bloomberg.net

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