Help Desk -
9717405332, 9599714297, 9810335381

RioZim & Zesa to Ink Power Plant Deal

Power News - Published on Thu, 11 Jul 2019

Image Source: Mining Zimbabwe
RIOZIM says its USD 1.5 billion investment into building a 2 800 megawatts thermal power station in Sengwa, Gokwe North, remains firmly on course with the company now moving to the next phase of preliminary works, which entail, chiefly, signing a power purchase agreement. Notably, RioZim said the Sengwa project was part of two power initiatives, including a 178 megawatts solar power project, the company is pursuing to cushion itself from the effects of crippling power shortages buffeting the entire country, which it said posed significant risk to operations.

RioZim said that “The solar power project and the Sengwa Thermal Power Project in order to generate its own electricity and ensure uninterrupted power supply for national consumption. A framework agreement for the USD 200 million solar plant has already been signed with a technical partner.”

RioZim’s operations chiefly cuts across gold and diamond mining and processing at Renco (Masvingo), Cam and Motor (Kadoma) and Dalny (Chegutu) mines as well as base metal processing at Empress Nickel Refinery.

RioZim Limited said in an recent update on operations that “The Sengwa Power Station will be constructed in phases of 700 megawatts each up to 2 800 megawatts. It is envisaged that the power station will include complimentary projects such as the development of a town and industrial park where export generating companies can set up operations so as to create an economic hub in the district.”

Source :

Posted By : Rabi Wangkhem on Thu, 11 Jul 2019
Related News from Power segment