Allied Timbers seek partner for power project

Allied Timbers seek partner for power project April 19, 2017 Business Business Reporter —ALLIED Timbers Zimbabwe is seeking partners to establish a power generating plant that use timber waste material from its sawmills. The country’s biggest timber processor said in a statement that it wanted to utilise saw dusts from its saw mills to produce power. The …

$14m Lake Mutirikwi hydro-power plant for Masvingo

$14m Lake Mutirikwi hydro-power plant for Masvingo April 17, 2017 Business Walter Mswazie, Masvingo CorrespondentTHE Great Zimbabwe Hydro Power Company has started a feasibility study on the five megawatt mini-hydro power plant to cost $14 million at Lake Mutirikwi. The proposed project is envisaged to augment power supply in the province and help ease burden from the …

Zinwa evaluates mini hydro project proposals

Zinwa evaluates mini hydro project proposals April 13, 2017 Business Business ReporterTHE Zimbabwe National Water Authority is evaluating 18 proposals submitted by investors interested in partnering the authority in setting up mini hydro plants across the country. Early this year, Zinwa floated a tender inviting investors interested in joint ventures in mini hydro projects on 18 …

Zesa warns of interrupted prepaid electricity supplies

Zesa warns of interrupted prepaid electricity supplies April 6, 2017 Local News Auxilia Katongomara, Chronicle ReporterTHE Zimbabwe Electricity Supply Authority has warned of an interruption of prepaid electricity purchases countrywide from tomorrow to Sunday and urged customers to buy electricity in advance as its system would be down. In a statement, the parastatal warned of planned interruption …

Investors to fund $4bn Batoka project

Investors to fund $4bn Batoka project March 31, 2017 Business, Top Stories Batoka Gorge Conrad Mwanawashe in Livingstone, ZAMBIATHE development of the Batoka Gorge Hydro-Electric Scheme has received stimulus with international financial institutions and private investors agreeing to finance the $4 billion power project. This came out at an investment conference called to solicit for finance for the …

Load shedding looms: $77m power import debt haunts Zesa

Load shedding looms: $77m power import debt haunts Zesa March 31, 2017 Business Business ReporterZIMBABWE risks being blocked from importing electricity as Zesa Holdings owes regional utilities about $77 million, which may lead to load shedding. The power utility relies on imports to augment supplies due to low generation capacity at home. As of yesterday, the …

Hwange power station $1.4bn expansion breakthrough: Groundbreaking ceremony set for July

Hwange power station $1.4bn expansion breakthrough: Groundbreaking ceremony set for July April 3, 2017 Business Minister Samuel Undenge Leonard Ncube in Victoria FallsThe Government is excited that the $1.4 billion Hwange Thermal Power Station expansion project will finally take off with a groundbreaking ceremony to be led by President Mugabe set for July this year, a …