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Financial Crisis Force REA To Abandon Projects

The Rural Electrification Authority (REA) has been hit with a financial crisis leading to the failure to complete various projects across the country.

REA has been spending about US $15 million annually to undertake and complete projects under its master plan across the country.

Corporate Affairs Manager Justine Mukosa said the authority has been unable to complete various projects in different parts of the country due to financial constraints.

He said so far REA has completed 162 grid extension projects and 928 solar projects since 2016.

“We have been facing some financial constraints as an authority. We have been doing a lot of works especially in the rural areas as far as grid extensions are concerned.

“We are aware that we have not managed to complete some of those projects due to insufficient funds, you must be aware that some of these projects require enough funding,” Kukosa said.

He said REA remained determined to completing all the projects with funds permitting and allow Zambians benefit from its initiatives.

“I wish to state here that so far we have managed 162 grid extension projects and 928 solar projects in different parts of the country but obviously we would want to do more as per our master plan,” said Kukosa.

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