Hydropower projects of up to 50MW is set to be developed in northern Zambia. This follows a strategic alliance formed between First Quantum Minerals (FQM) with Anzana Electric Group with an aim at delivering reliable electricity to mining operations while strengthening the country’s energy network.
Through the agreement, Anzana intends to supply steady baseload power by 2030 to support FQM’s operations in Zambia’s North-Western Province. The planned generation capacity is expected to provide long-term energy security for mining activities and contribute to the resilience of Zambia’s broader power system.
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Electricity market frameworks
FQM’s operations are located along Zambia’s stretch of the Lobito Corridor, a key regional transport and trade route supported by the United States and G7 partners to enhance mineral exports and infrastructure development. Securing dependable power along this corridor is viewed as critical to sustaining industrial growth and improving logistical efficiency.
Electricity from the proposed hydropower plants will be transmitted to FQM via a wheeling arrangement with Zesco. This structure reflects Zambia’s gradual shift toward more open electricity market frameworks, encouraging private investment in generation while utilizing existing national grid infrastructure.
In parallel, Anzana has entered into a binding term sheet with Zesco to establish a joint venture focused on expanding grid connectivity. The initiative aims to provide electricity access to approximately two million people living along the Lobito Corridor by the end of the decade, supporting national electrification targets.
The hydropower facilities will be developed in northern Zambia, where river systems are considered less susceptible to extreme seasonal fluctuations, allowing for consistent year-round production. Beyond diversifying FQM’s energy portfolio, the projects are expected to enhance overall grid stability, reduce technical losses, and create opportunities for integrating additional renewable energy sources.
Construction of the hydropower plants is projected to generate around 300 temporary jobs over three years, followed by more than 30 permanent operational roles. The development is also expected to foster skills development and technical training within surrounding communities.
According to FQM’s Zambia Country Director, Anthony Mukutuma, access to dependable baseload electricity is essential for sustaining mining output, and sourcing hydropower through the national grid aligns industrial expansion with Zambia’s broader development objectives.
