Zambia’s Energy Regulation Board Approves ZMW 2.45 Billion in New Energy and Petroleum Investments
The Energy Regulation Board (ERB) has approved 29 licence applications and five construction permits across the petroleum, electricity and renewable energy sub-sectors, representing a total committed investment of ZMW 2.45 billion (approximately US$130 million).
The approvals were granted by the Board’s Licensing Committee at its meeting on 13 February 2026, signalling sustained investor confidence in Zambia’s energy market. The ERB stated that the decisions reflect its ongoing commitment to ensuring a transparent, predictable and efficient regulatory environment.
Breakdown of Approved Licences
According to the regulator, the 29 licences include:
12 licences for the manufacture, supply, installation and maintenance of renewable energy generating equipment
12 licences for the distribution, importation and exportation of petroleum products
One licence covering the combined generation, distribution and supply of electricity
Four licences for the importation, packaging, blending, distribution and export of lubricants
In addition, 137 road tank vehicles were licensed to enhance petroleum transportation capacity nationwide.
Construction Permits and Infrastructure Expansion
The ERB also approved five construction permits, including a 60 MWp solar photovoltaic power plant integrated with a 5MW/20MWh battery energy storage system. The project is expected to strengthen grid stability and contribute to Zambia’s renewable energy mix.
Further approvals include 11 liquefied petroleum gas (LPG) filling plants, along with authorisation for newly constructed service stations to commence operations. These developments are expected to improve energy access, distribution efficiency and service delivery across the country.
Economic and Consumer Impact
The ERB indicated that the approvals are designed to stimulate economic activity through increased capital investment and expanded infrastructure development. At the same time, the regulator emphasised that regulatory certainty and policy stability remain central to attracting sustained private-sector participation.
Consumers are expected to benefit from improved reliability of supply, enhanced service coverage and more competitive pricing as infrastructure expands.
ERB Public Relations Manager Namukolo Kasumpa said the Board will continue to make timely and responsible regulatory decisions aimed at promoting competition, growth and long-term sustainability in Zambia’s energy markets.
She added that the regulator remains committed to fostering a resilient and inclusive energy sector that contributes meaningfully to national development.
