The Ilute Solar project’s clock is ticking, and our data indicates a 72% chance that the race will kick off in the next 3 months!
For Zambia’s ambitious contractors, it’s not a matter of “if?” the next significant opportunity will arise, but “when?”.
Following the successful financial close of the Ilute solar project with the African Development Bank (AfDB) in June, the timeline for action is becoming clearer. Our meticulous modeling, based on critical milestones, offers a data-driven forecast rather than mere speculation, thanks to a semi-Markov analysis simulating numerous potential outcomes.
Here’s the timeline crucial for your business:
1. EPC Contract Award:There’s an approximate 72% probability of awarding the main Engineering, Procurement, and Construction (EPC) contract within the next 3 months, by November 2025. This phase will solidify key operational partnerships.
2. Construction Start: The likelihood of commencing construction within 6 months is around 55%. The groundwork for significant civil and logistical contracts is currently underway.
3. Path to Operation: The project holds a roughly 60% probability of achieving Commercial Operation Date (COD) within 18 months post the financial close.
Implications for Your Business:
The timeline is not stagnant; it’s gaining momentum. While others await public tenders, critical decisions shaping major subcontract awards are imminent.
For Zambian contractors, now is the time to showcase preparedness. Ensure your pre-qualifications are up to par, emphasize your ESG and local content capabilities, and explore potential joint venture opportunities.
Our partners stay ahead of the game by relying on data, not just headlines. We offer intricate procurement timelines and focused intelligence to enhance your chances of success.
Feel free to contact us to align your strategy with this data-backed timeline.
