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Copperbelt Energy Corporation

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142: 125: 108: 91: 24: 219:, the national power utility, and sells this across its transmission network to 8 Zambian mining customers with a combined demand of 520MW. In 2014 CEC supplied 4,208GWh of electricity to its customers which was 29% of Zambia's total generation of 14,453GWh. CEC also operates 6 403:
In 2013 CEC expanded its operations into Nigeria by taking a 75% stake in KANN Utility which in turn owns 60% of Abuja Electricity Distribution Company. In 2013 the company purchased a 20% share of North South Power Limited which has a 30-year concession to operate the 600MW
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CEC traces its origin to a company that was called Northern Rhodesia Power Corporation established in 1952. In or around 1954, the company became the Rhodesia-Congo Border Power Corporation whose purpose was to supply reliable and secure electricity to the mines in
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by interconnecting separately run thermal power stations in the mining areas. Later, the company sourced and supplied hydroelectric power from the Congo to supply to the mines in Northern Rhodesia before the production of hydroelectricity from the
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At Zambia’s independence in 1964, the Rhodesia-Congo Border Power Corporation became Copperbelt Power Company (CPC), an entity that supplied electricity to the mines until 1986 when it was incorporated into the Zambia Consolidated Copper Mines
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The two investors subsequently sold off their 77 per cent stake in the company to a group of local entrepreneurs. In January 2008, CEC became Zambia’s first power utility to list on the
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generators at Luano, Maclaren, Kankoyo and Bancroft for emergency power supply to its mine customers with a total installed capacity of 80MW.
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area with 246 km of 220kV power lines and 678 km of 66kV lines. The company purchases electricity from
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CEC holds a 20% stake in North South Power Limited which has a 30-year concession to operate the 600MW
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company. AEDC has a franchise for distributing electricity in four Nigerian states, the
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line which has a capacity of 250MW and supplies electricity to mining customers in the
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for a 20-year concession to build and operate a 128MW thermal power project.
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The company is developing the 40MW Kabompo Gorge hydropower project on the
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In 1997, CEC was born out of the privatization of ZCCM - Power Division.
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CEC owns 45% of the Abuja Electricity Distribution Company (AEDC) an
334: 178:, transmission, distribution and supply company with operations in 542: 386: 330: 287: 183: 524:"Copperbelt Energy Corporation Plc (CEC.zm) 2023 Annual Report" 483: 278:, a 60 MW solar plant under development in Itimpi area, Kitwe. 227: 204: 179: 79: 216: 117: 75: 163: 429: 393:
of the UK acquired the controlling stake in the company.
561:"CEC acquires 60% shares in Nigerian energy company" 274:
In February 2024 CEC reported it was developing the
543:"CEC: ZAMBIA'S OLDEST PRIVATE OWNED POWER COMPANY" 526:. 8 March 2024 – via Africanfinancials.com. 271:, a 34 MW Solar Power Plant in Riverside, Kitwe. 605: 59:Electricity Generation, Transmission and Supply 155:400 in Zambia (2023), 3,165 in Nigeria (2014) 400:(LuSE) and remains the only one as of 2015. 128:ZMW 13,654 million | US$ 676 million (2023) 145:ZMW 2,782 million | US$ 138 million (2023) 111:ZMW 4,689 million | US$ 232 million (2023) 94:ZMW 7,720 million | US$ 382 million (2023) 579:"Niger sells stake in Shiroro power plant" 491:(Report). Energy Regulation Board, Zambia. 22: 624:Companies listed on Lusaka Stock Exchange 453: 451: 509:(Report). Copperbelt Energy Corporation. 484:Energy Regulation Board, Zambia (2015). 567:. Zambia Mining News. 27 February 2013. 500: 498: 606: 448: 537: 535: 533: 207:CEC owns and operates an electricity 518: 516: 495: 477: 269:Zambia Riverside Solar Power Station 226:CEC owns the Zambian portion of the 504: 13: 614:Electric power companies of Zambia 530: 324: 296:Federal Capital Territory of Abuja 14: 635: 513: 172:Copperbelt Energy Corporation Plc 17:Copperbelt Energy Corporation Plc 141: 140: 124: 123: 107: 106: 90: 89: 186:. The company is listed on the 571: 553: 459:"Overview of the CEC Business" 422: 310:and serves 700,000 customers. 267:In 2023, CEC commissioned the 1: 415: 348:(PPA) with the Government of 193: 7: 292:electric power distribution 258:Southern African Power Pool 10: 640: 355: 281: 276:Itimpi Solar Power Station 486:Energy Sector Report 2014 382:) as its Power Division. 198: 159: 149: 132: 115: 98: 85: 71: 63: 55: 40: 30: 21: 346:power purchase agreement 585:. Punch. Archived from 436:. Lusaka Stock Exchange 430:"Lusaka Stock Exchange" 264:power within the pool. 256:CEC is a member of the 507:CEC Annual Report 2014 260:(SAPP) and trades and 251:North-Western Province 176:electricity generation 35:Public Limited Company 408:hydro power plant in 398:Lusaka Stock Exchange 317:hydro power plant in 188:Lusaka Stock Exchange 49:Lusaka Stock Exchange 387:Cinergy Global Power 174:(CEC) is a Zambian 151:Number of employees 18: 565:Zambia Mining News 549:. Times of Zambia. 16: 363:Northern Rhodesia 344:CEC has signed a 169: 168: 631: 598: 597: 595: 594: 575: 569: 568: 557: 551: 550: 539: 528: 527: 520: 511: 510: 502: 493: 492: 490: 481: 475: 474: 472: 470: 455: 446: 445: 443: 441: 426: 339:Arandis, Namibia 240:Katanga Province 144: 143: 137: 127: 126: 120: 110: 109: 101:Operating income 93: 92: 26: 19: 15: 639: 638: 634: 633: 632: 630: 629: 628: 604: 603: 602: 601: 592: 590: 577: 576: 572: 559: 558: 554: 547:Times of Zambia 541: 540: 531: 522: 521: 514: 503: 496: 488: 482: 478: 468: 466: 457: 456: 449: 439: 437: 434:www.luse.co.zm/ 428: 427: 423: 418: 358: 327: 325:Other countries 284: 211:network in the 201: 196: 190:(symbol: CECZ) 164:cecinvestor.com 152: 133: 116: 103: 45: 12: 11: 5: 637: 627: 626: 621: 616: 600: 599: 570: 552: 529: 512: 494: 476: 447: 420: 419: 417: 414: 389:of the US and 357: 354: 326: 323: 308:Nasarawa State 283: 280: 236:interconnector 200: 197: 195: 192: 167: 166: 161: 157: 156: 153: 150: 147: 146: 138: 130: 129: 121: 113: 112: 104: 99: 96: 95: 87: 83: 82: 73: 69: 68: 65: 61: 60: 57: 53: 52: 46: 41: 38: 37: 32: 28: 27: 9: 6: 4: 3: 2: 636: 625: 622: 620: 617: 615: 612: 611: 609: 589:on 2015-07-22 588: 584: 580: 574: 566: 562: 556: 548: 544: 538: 536: 534: 525: 519: 517: 508: 501: 499: 487: 480: 464: 460: 454: 452: 435: 431: 425: 421: 413: 411: 407: 401: 399: 394: 392: 391:National Grid 388: 383: 381: 375: 373: 368: 364: 353: 351: 347: 342: 340: 336: 332: 322: 320: 316: 311: 309: 305: 301: 297: 293: 289: 279: 277: 272: 270: 265: 263: 259: 254: 252: 248: 247:Kabompo river 243: 241: 237: 233: 229: 224: 222: 218: 214: 210: 206: 191: 189: 185: 181: 177: 173: 165: 162: 158: 154: 148: 139: 136: 131: 122: 119: 114: 105: 102: 97: 88: 84: 81: 77: 74: 70: 66: 62: 58: 54: 50: 47: 44: 39: 36: 33: 29: 25: 20: 591:. Retrieved 587:the original 582: 573: 564: 555: 546: 505:CEC (2015). 479: 467:. Retrieved 462: 438:. Retrieved 433: 424: 402: 395: 384: 376: 359: 350:Sierra Leone 343: 328: 312: 285: 273: 266: 255: 244: 225: 209:transmission 202: 171: 170: 135:Total equity 118:Total assets 72:Headquarters 31:Company type 463:Google docs 410:Niger State 319:Niger State 300:Niger State 253:of Zambia. 221:gas turbine 608:Categories 593:2015-07-22 416:References 372:Kariba Dam 304:Kogi State 213:Copperbelt 194:Operations 43:Traded as 365:and the 335:NamPower 56:Industry 469:22 July 440:22 July 406:Shiroro 356:History 331:Namibia 315:Shiroro 288:Nigeria 282:Nigeria 249:in the 184:Nigeria 160:Website 86:Revenue 64:Founded 262:wheels 234:220kV 228:Zambia 205:Zambia 199:Zambia 180:Zambia 80:Zambia 619:Kitwe 583:Punch 489:(PDF) 465:. CEC 367:Congo 217:ZESCO 76:Kitwe 51::CECZ 471:2015 442:2015 380:ZCCM 306:and 182:and 67:1997 329:In 286:In 232:DRC 203:In 610:: 581:. 563:. 545:. 532:^ 515:^ 497:^ 461:. 450:^ 432:. 412:. 374:. 341:. 321:. 302:, 298:, 230:- 78:, 596:. 473:. 444:. 378:(

Index


Public Limited Company
Traded as
Lusaka Stock Exchange
Kitwe
Zambia
Operating income
Total assets
Total equity
cecinvestor.com
electricity generation
Zambia
Nigeria
Lusaka Stock Exchange
Zambia
transmission
Copperbelt
ZESCO
gas turbine
Zambia
DRC
interconnector
Katanga Province
Kabompo river
North-Western Province
Southern African Power Pool
wheels
Zambia Riverside Solar Power Station
Itimpi Solar Power Station
Nigeria

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