Zimbabwe is importing power from regional suppliers, Hydro Cahora Bassa of Mozambique and South Africa’s Eskom to reduce its generation deficit.
“We envisage a situation where, come 2018, there will be no need for imports,” Mbiriri said.
“We are hoping that we will be well ahead of effective demand. That will be very satisfactory, not the current situation where we are failing to meet demand.”
Mbiriri also revealed that China Africa Sunlight’s 600MW Gwayi solar power project was nearing financial closure, the process of completing all project-related financial transactions.
“Gwayi is the most promising. We were in China last week to finalise financial closure and we are confident we will bring that to finality soon,” Mbiriri said. “We expect work to start on the ground by year-end.”
China Africa Sunlight is a 50/50 joint venture between Zimbabwe’s Old Stone Investments and Shandong Taishan Sunlight of China.-The Source
(129 VIEWS)
This post was last modified on June 15, 2016 7:55 pm
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