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Disclosure on Southern African Power Pool (SAPP) Membership

MessagePosté: Ven 4 Nov 2022 12:51
de Laf1986
The Company is pleased to report that Maamba Collieries Limited (MCL), Zambian stepdown subsidiary, has secured Membership of SAPP.
Membership of SAPP affords MCL with significant flexibility to sell surplus power on
SAPP over and above capacity contracted by ZESCO. SAPP has a time tested and robust
payment mechanism amongst its member countries, demonstrated over several years.
MCL has already been receiving full payments for its power dispatches from May 2022 to
ZESCO and SAPP. Membership of SAPP will ensure steady cash flows, additionally aiding
MCL to seize opportunistic gains in a power deficit southern African region.

Re: Disclosure on Southern African Power Pool (SAPP) Members

MessagePosté: Ven 4 Nov 2022 19:16
de mbury
Laf1986 a écrit:The Company is pleased to report that Maamba Collieries Limited (MCL), Zambian stepdown subsidiary, has secured Membership of SAPP.
Membership of SAPP affords MCL with significant flexibility to sell surplus power on
SAPP over and above capacity contracted by ZESCO. SAPP has a time tested and robust
payment mechanism amongst its member countries, demonstrated over several years.
MCL has already been receiving full payments for its power dispatches from May 2022 to
ZESCO and SAPP. Membership of SAPP will ensure steady cash flows, additionally aiding
MCL to seize opportunistic gains in a power deficit southern African region.

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