News / National
Hwange Colliery to produce electricity
21 Jun 2015 at 10:34hrs | Views
Hwange Colliery Company is set to start producing electricity as it seeks to expand its portfolio buoyed by anticipated increase in production.
Current HCCL only mines and supplies coal to Zimbabwe Power Company's main power station in the mining town and the small power stations in Bulawayo, Munyati and Harare for power generation.
On Friday, Managing director Thomas Makore said the company was now initiating new business ventures.
"We will venture into power generation in collaboration with ZPC
"We also intend to do the conversion of coal to liquids for the production of both diesel and ammonium nitrate," he is quoted saying.
If successful, this would save the country millions of dollars in fuel import as the country has been solely dependent on fuel imports.
Current HCCL only mines and supplies coal to Zimbabwe Power Company's main power station in the mining town and the small power stations in Bulawayo, Munyati and Harare for power generation.
On Friday, Managing director Thomas Makore said the company was now initiating new business ventures.
"We also intend to do the conversion of coal to liquids for the production of both diesel and ammonium nitrate," he is quoted saying.
If successful, this would save the country millions of dollars in fuel import as the country has been solely dependent on fuel imports.
Source - Byo24News
