Copperbelt Energy Corporation
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| Public Limited Company | |
| Traded as | :CECZ |
| Industry | Electricity Generation, Transmission and Supply |
| Founded | 1997 |
| Headquarters | Kitwe, Zambia |
| Revenue | US$ 291 million (2014) |
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Number of employees
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390 in Zambia, 3,165 in Nigeria (2014) |
| Website | cecinvestor.com |
Copperbelt Energy Corporation Plc (CEC) is a Zambian electricity generation, transmission, distribution and supply company with operations in Zambia and Nigeria. The company is listed on the (symbol: CECZ)
In Zambia CEC owns and operates an electricity transmission network in the Copperbelt area with 246 km of 220kV power lines and 678 km of 66kV lines. The company purchases electricity from ZESCO, 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 gas turbine generators at Luano, Maclaren, Kankoyo and Bancroft for emergency power supply to its mine customers with a total installed capacity of 80MW.
CEC owns the Zambian portion of the Zambia - DRC 220kV interconnector line which has a capacity of 250MW and supplies electricity to mining customers in the Katanga Province. The interconnector is expected to be upgraded to a dual circuit with a capacity of 550MW by the end of 2015.
The company is developing the 40MW Kabompo Gorge hydropower project on the Kabompo river in the North-Western Province of Zambia.
CEC is a member of the Southern African Power Pool (SAPP) and trades and wheels power within the pool.
In Nigeria CEC owns 45% of the Abuja Electricity Distribution Company (AEDC) an electric power distribution company. AEDC has a franchise for distributing electricity in four Nigerian states, the Federal Capital Territory of Abuja, Niger State, Kogi State and Nasarawa State and serves 700,000 customers.
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