‎Zimbabwe partners Jindal in US$450 mln deal to rehabilitate Hwange coal power stations

Harare – The Zimbabwe government has approved to partner India’s Jindal Private Limited to rehabilitate Hwange thermal power station units to increase power generation at a time when electricity cuts are rampant in the country.
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‎”Cabinet considered and approved the Public-Private Partnership Project
‎between the Zimbabwe Power Company and Jindal (Private) Limited for
‎the Rehabilitation, Operation and Transfer of Hwange Power Station Units
‎1 to 6 and Auxiliaries,” cabinet said in a statement.
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‎”The Public-Private Partnership Project between the Zimbabwe Power
‎Company and Jindal (Private) Limited is aimed at reviving Hwange Power
‎Station Units 1 to 6 and auxiliaries under a Rehabilitate, Operate and
‎Transfer Model.”
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‎”Reviving Hwange Power Station’s first six units will benefit Zimbabwe by significantly increasing the national electricity supply, thereby
‎reducing load shedding and ensuring reliable power for industries and
‎households. Reliable power will enable sustained production, boost
‎industrial output, enhance economic activity and create jobs.”
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‎The government said negotiations on refining the partnership project so that ‘it serves national interest.’
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‎Zimbabwe is experiencing electricity cuts known as load shedding that goes to more than 12 hours a day.
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‎The country struggles to produce 2100 MW to meet the industrial and domestic electricity requirements.
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‎On Monday Zimbabwe produced 1400 MW with Hwange thermal power station producing 1000 MW and Kariba hydro power station 400 MW.
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