Zimbabwe will add 400 megawatts to its power grid, a fifth of the countrys current electricity demand, under a 455 million upgrade of its Hwange coal-fired power plant, the head of state-owned power utility ZESA said.
The southern African country has signed a 15-year concession deal with the Africa-focused unit of Indias Jindal Steel for the refurbishment of some of the thermal power plants ageing units.
The deal, which was approved by Zimbabwes cabinet on September 17, was finalised and signed in December, ZESAs acting CEO Cletus Nyachowe said in an update seen by Reuters on Monday.
