Zesa warns of load-shedding as cash squeeze bites

Zesa warns of load-shedding as cash squeeze bites November 22, 2016 in News Zesa Holdings is battling to settle external obligations to foreign energy producers due to a depletion of nostroaccounts, Parliament has been told. by XOLISANI NCUBE Giving oral evidence before the Parliamentary Portfolio committee on Mines, Energy and Power Development yesterday, Zesa Holdings chief executive …

ZESA to raise $314m for Hwange station

ZESA to raise $314m for Hwange station November 22, 2016 Business ZESA Holdings Chief Executive Josh Chifamba (centre), Zimbabwe Power Company Acting Managing Director Joshua Chirikuutsi (right) and ZETDC managing director Julian Chinembiri before the Parliamentary Portfolio Committee on Mines and Energy yesterday Tinashe Makichi Business Reporter—ZESA Holdings expects to raise $314 million by end of this …

Govt to solve land tenure issues

Govt to solve land tenure issues November 22, 2016 Business Conrad Mwanawashe, Harare BureauGOVERNMENT is working on solving land tenure issues for solar farms after it emerged that some investors were being given five-year leases, too short for investors to recoup their investments. Solar is one of the major renewable sources of energy expected to help ease …

Kariba South power station expansion to be completed December 2017

Kariba South power station expansion to be completed December 2017 November 17, 2016 in Business Kariba South Hydro Power Station project, which is expected to feed 150 megawatts (MW) into the national grid, is expected to be completed by December next year, while several other Zesa Holdings projects are also on course to be finalised. BY VICTORIA …

Hwange power station generation declines

Hwange power station generation declines November 15, 2016 Business Hwange thermal power station Oliver Kazunga, Senior Business ReporterPOWER generation capacity at Hwange Thermal Power Station has dropped to about 280 megawatts against an installed capacity of 920MW. The Zimbabwe Power Company (ZPC) indicated in its daily power production update that the biggest thermal power plant was producing …

Zesa seeks $350m loans for power projects

Zesa seeks $350m loans for power projects November 11, 2016 Business Zesa power lines Business Reporter ZESA Holdings is negotiating for loans amounting to about $350 million with a regional financial institution mainly to fund power generation projects, a source has said. The power utility is seeking money to partly fund the expansion of Hwange Thermal Power …

100MW solar power station for Gweru

100MW solar power station for Gweru November 8, 2016 Business Business ReporterONE of the Independent Power Producers (IPP), Solar Group Zimbabwe, has applied for a licence to construct a 100 megawatt solar plant in the Midlands province. The Zimbabwe Energy Regulatory Authority (Zera) said in a notice that it has received an application from Solar Group …

Zambezi River Authority increases water for power generation

Zambezi River Authority increases water for power generation   0 Companies & Markets November 3, 2016By Phillimon Mhlanga, Business Reporter Kariba dam can carry up to 65 billion cubic metres of water.   THE Zambezi River Authority (ZRA), which administers the Zambezi River and the use of Lake Kariba on behalf of the governments of Zimbabwe …

Zera to audit Zesa

Zera to audit Zesa October 17, 2016 Business Harare BureauZimbabwe Energy Regulatory Authority will institute an independent audit of the cost structure and operations of Zesa to determine whether the utility is passing the cost of its inefficiencies to consumers. Zera acting chief executive Engineer Misheck Siyakatshana said the regulator had already started reviewing submissions by …

Govt bails out Zesa

Govt bails out Zesa October 17, 2016 Local News Felex Share, Harare BureauTHE Government has averted a potential electricity crisis by issuing a R500 million ($35 million) guarantee to South Africa’s power utility, Eskom to back up power imports from the neighbouring country. Eskom, which supplies Zesa Holdings with 300 megawatts, recently wrote to the power utility …