Lunsemfwa Hydro Power Company Limited (LHPC), is an independent power producer (IPP) company based in the city of Kabwe in Zambia, with investments in the Central Province of the country. As of August 2022, the firm owns two operational hydroelectric power plants, with generation capacity of 58 MW. Another 455 MW, from two hydro power stations, are under development. The firm has ambitions to increase generation capacity to 500 MW in the medium term.[1][2]
Location
Lunsemfwa Hydro Power Company maintains its headquarters in Kabwe, in Zambia's Central Province. Kabwe is located approximately 143 kilometres (89 mi) north of Lusaka, the capital and largest city in the country.[3]
Overview
The firm was established in the early 2000s.[4] As of August 2022, it owns a generation portfolio of 58 megawatts, including Mulungushi Hydroelectric Power Station (40 megawatts)[5] and Lunsemfwa Hydroelectric Power Station (18 megawatts).[6] Both of these were acquired in 2001, with financial backing from the World Bank.[4] It is also involved in the development of Muchinga Hydroelectric Power Station (200 MW)[7] and the Lunsemfwa Lower Hydroelectric Power Station (255 MW).[8]
Ownership
The company is majority owned by Agua Imara AS, a subsidiary of the Norwegian IPP, Scatec. That acquisition took place in 2011.[9] The shareholding in LHPC is illustrated in the table below.[7]
