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Tuesday, April 16, 2024
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HomeBusinessZIMBABWE READY TO IMPORT ELECTRICITY FROM ZAMBIA

ZIMBABWE READY TO IMPORT ELECTRICITY FROM ZAMBIA

Government says ZESCO will start exporting 100 Mega Watts of electricity to Zimbabwe in a $6.3 monthly deal starting next month.

Energy Minister PETER KAPALA says the deal with Zimbabwe’s power utility company Zimbabwe Electricity Supply Authority -ZESA- will run for five years.

He says negotiations for the power import deal between ZESCO and ZESA were premised on Zimbabwe making pre-payments for the 100 Mega Watts which will come from Kafue Gorge Lower.

In a statement posted on his Facebook page, the Minister said Zimbabwe is currently facing a critical shortage of power which has been worsened by depressed generation at Hwange and Harare thermal power stations.

He said the loss of one unit that produces 125 Mega Watts at Kariba Power Station has also contributed to the power shortfall.

Mr. KAPALA said ZESA currently generates about 1,200d Mega watts of power at its five power stations against peak winter season demand of 2-thousand 2-hundred Mega watts.

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