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Cabinet approves $77 million REA project

by Staff reporter
26 Aug 2015 at 06:56hrs | Views

Cabinet has approved the Rural Electrification Agency's (REA) $77 million comprehensive electrification programme, to be undertaken by Indian company, Angelique International Limited.

The approval follows recent awarding of the special project tender to Angelique by the State Procurement Board to electrify 144 rural public institutions and grid electrification of 357 public institutions.

The programme will also result in the construction of two mini hydro power stations (Manyuchi and Muzoro) with a combined capacity of 2,5 megawatts. REA chairman Willard Chiwewe confirmed the development.

However, the agency would first clear a $30 million loan which was borrowed to finance previous projects by year end, before embarking on the new project.


Source - the herald