News / National
Kariba South power plant expansion to start this month
04 Jan 2014 at 12:10hrs | Views
GWERU - Work to expand Zimbabwe's Kariba South power plant and boost output to 1 050 megawatts (MW) from the current 750MW is set to start this month [January 2014], a spokesman for State power utility Zesa has said.
China's Sino Hydro won the tender for the $355 million project, the bulk of which will be funded by the Export Import Bank of China under a deal signed with the Zimbabwean government earlier this year.
"Shovels should start hitting ground in January. We have already secured the funding and Sino-Hydro has been awarded the tender to undertake the project which should take about three years to complete. If everything goes according to schedule, the first unit should be commissioned in 2017," Zesa spokesman Fullard Gwasira told The Source.
Government secured funding for the project, after signing a $319 million deal with China Export and Import Bank two months ago with Zimbabwe expected to contribute 10% of the total cost of the expansion exercise.
At present, Zesa is generating between 1 300 and 1 400MW against daily national demand of 2 200MW.
China's Sino Hydro won the tender for the $355 million project, the bulk of which will be funded by the Export Import Bank of China under a deal signed with the Zimbabwean government earlier this year.
Government secured funding for the project, after signing a $319 million deal with China Export and Import Bank two months ago with Zimbabwe expected to contribute 10% of the total cost of the expansion exercise.
At present, Zesa is generating between 1 300 and 1 400MW against daily national demand of 2 200MW.
Source - NewsDay
