- Published on 06 November 2017
Zimbabwe requires at least $10 billion to fund various power projects which would see the country generate an additional 4 192 megawatts and plug a crippling power deficit.
The southern African nation has an installed generation capacity of 1 200 MW against a peak demand of 1 570 MW. Power utility Zesa is currently undertaking projects to increase capacity by 600MW at Hwange – from 920MW- and Kariba South by an additional 300MW from the current installed capacity of 750MW. Zimbabwe is battling power shortages and the energy regulator chief executive Gloria Magombo told an investors conference on Friday that government has increased 31 projects by Independent Power Producers (IPPs) to plug the deficit. (Daily News)