Powering Zambia’s Progress

For more than six decades, CEC has been a driving force in Zambia’s industry, having existed since 1953. Our narrative is intricately linked to Zambia’s growth, from bolstering the mining industry to leading the charge in renewable energy.

1953

1953

First power utility in Zambia established as Rhodesia-Congo Border Power Corporation, to service Rhodesia Copperbelt Province

Zambia’s First Power Utility

The first power utility in Zambia, Rhodesia-Congo Border Power Corporation, was established to service the Rhodesia Copperbelt Province, marking the beginning of industrial-scale energy infrastructure in the region. It laid the foundation for reliable power supply critical to mining activities.

1956

1956

First utility to own and operate an interconnector in Southern Africa

Pioneer of Regional Interconnection

Became the first utility in Southern Africa to own and operate an interconnector, pioneering regional energy integration. This achievement set a precedent for cross-border energy trading and collaboration in the region.

1964

1964

Renamed as Copperbelt Power Company (CPC)

Renamed as Copperbelt Power Company (CPC)

Renamed Copperbelt Power Company (CPC) to reflect its focus on the Copperbelt, Zambia’s mining heartland. The name change symbolized its evolving role in supporting Zambia’s industrial growth.

1986

1986

CPC dissolved to become the sixth division of ZCCM as ZCCM Power Division

Integration into ZCCM Power Division

CPC was dissolved and integrated into ZCCM as its Power Division, consolidating operations under the state mining conglomerate. This transition aimed to streamline energy management across Zambia’s mining sector.

1997

1997

Birth of CEC following the privatisation of ZCCM Power Division

Birth of Copperbelt Energy Corporation

Copperbelt Energy Corporation (CEC) was born following the privatization of ZCCM Power Division, marking a new era of private energy management. This change positioned CEC as a key player in Zambia’s power sector, driving innovation and efficiency.

2008

2008

First power utility to list on the LuSE

First Utility Listed on LuSE

Became the first power utility to list on the Lusaka Securities Exchange (LuSE), enhancing corporate transparency and public ownership. This milestone increased investor confidence and underscored CEC’s commitment to good governance.

2009

2009

First private utility to become a full member of the Southern African Power Pool (SAPP).

Joining Southern African Power Pool

Achieved a milestone as the first private utility to become a full member of the Southern African Power Pool (SAPP), strengthening regional collaboration. This membership enabled CEC to participate in Southern Africa’s integrated energy market.

2016

2016

Commissioned second interconnector to the DRC

Second Interconnector to the DRC

Commissioned its second interconnector to the Democratic Republic of Congo (DRC), expanding cross-border energy trade. This project reinforced Zambia’s role as a regional energy hub in Southern Africa.

2018

2018

Incorporated CEC – DRC Sarl to support operations in the DRC

Incorporation of CEC-DRC SARL

Incorporated CEC-DRC Sarl to support operations in the DRC, reinforcing its commitment to regional energy solutions. The subsidiary enhanced CEC’s operational efficiency and service delivery in the DRC.

2018

2018

Commissioned first grid connected Solar PV Plant

First Grid-Connected Solar Plant

Commissioned its first grid-connected Solar PV Plant, stepping into renewable energy generation. This move marked CEC’s dedication to diversifying energy sources and promoting sustainability.

2022

2022

CEC-Renewables incorporated as a vehicle for implementing renewable energy

Launch of CEC Renewables

Launched CEC Renewables as a dedicated vehicle for implementing renewable energy projects, signaling a strong pivot toward sustainable energy. This initiative was aimed at addressing growing energy demands while reducing environmental impact.

2023

2023

33.1 MWp Riverside solar plant commissioned

Riverside Solar Plant Commissioned

Commissioned the 33.1 MWp Riverside Solar Plant, contributing significantly to Zambia’s renewable energy capacity. This development showcased CEC’s leadership in transitioning to clean energy solutions.

2024

2024

Successful listing of Zambia’s first Green Bond on the LuSE

Zambia’s First Green Bond Issued

Successfully listed Zambia’s first Green Bond on the LuSE, a landmark achievement in sustainable finance. The initiative highlighted CEC’s innovative approach to financing green energy projects.

2024

2024

60 MWp Itimpi solar plant commissioned

Itimpi Solar Plant Commissioned

Commissioned the 60 MWp Itimpi Solar Plant, underscoring its leadership in solar energy development in the region. This plant further strengthened Zambia’s renewable energy infrastructure and energy security.