Zambia is seeking India’s participation in the country’s heightened efforts to mitigate the ongoing electricity crisis and transition to clean energy.
Minister of Green Economy and Environment Mike Mposha said India, being a leading player in the global clean energy market, establishing renewable energy manufacturing plants in Zambia will help to mitigate the impact of the hydroelectric power crisis, transfer clean energy technologies, protect the environment, and create employment for the locals.
Speaking when he met with the Indian High Commissioner to Zambia
Ashok Kumar, Mposha appealed to Indian energy equipment manufacturers and green energy industry experts to consider setting up manufacturing plants for solar panels, batteries, inverters, and other renewable energy accessories in Zambia.
“In the face of the country’s power crisis, President Hichilema has urged all sectors – both private and public – and individuals alike to adopt renewable energy, particularly solar, as a sustainable alternative,” said Mposha.
He said India has made remarkable strides in the renewable energy sector and established a robust manufacturing base for solar panels, lithium batteries, and other renewable energy accessories.
Mposha said, “We are cognizant of the fact that India has made remarkable strides in the renewable energy sector, establishing a robust manufacturing base for solar panels, lithium batteries, and other renewable energy-related accessories thus positioning itself as a leader in the global clean energy market.”
And Kumar asked the Zambian government to provide tax incentives to Indian investors in solar production to attract them and get assurances of the regional market.
He said Zambia has the advantage for investment because of its political stability, but has a challenge of the capacity building necessary for the distribution chain for investors in the green energy sector.
Kumar said this when he paid a courtesy call on Mposha, during which the two discussed environmental sustainability, green energy, and climate change. He also offered India’s support for environmental protection and capacity-building.