The Infrastructure Development Bank of Zimbabwe (IBDZ) has concluded pre-feasibility studies on the Manicaland Odzani-Mini Hydroelectric power project. The bank is now ready to conduct a detailed feasibility study.
The project which is located in the Mutasa district near the Odzani River is expected to generate around 3.6MW, the Herald reported.
“IBDZ recently concluded a pre-feasibility study for the proposed Odzani Mini-hydroelectric Power Project and now wants to undertake the detailed feasibility study and the detailed environmental and social impact assessment,” read part of the statement from IBDZ.
IBDZ has also announced that it is tendering work to be done in terms of feasibility studies on the project.
The IDBZ now invites eligible, regional and international consulting firms to indicate their interest in providing consultancy services for the detailed feasibility study which will include technical analysis to ascertain technical viability, financial analysis, economic analysis, social and environmental assessments.
Criteria to execute studies for the mini-hydro project
The tender specifications state that bidders will have to analyse the technical, legal, financial, economic and regulatory aspects of the project. Read more: Progress report on Africa’s hydropower development
“In undertaking the assignment consultants shall also review all existing reports and documentation regarding Odzani. The work shall include but not limited to assessment of demand and supply dynamics in the Zimbabwean power generation sector, global trends in the energy sector, technical feasibility of the project, hydrology, water flows, rock mechanics, institutional analysis, legal and regulatory frameworks, costs analysis and capacity building,” states the tender invitation.
IDBZ secures substantial funding
IDBZ also announced that government recently approved an additional $150 million equity capital, which will enable the bank in championing infrastructure development in various sectors such as energy.
“Government recognises that substantial and inclusive economic growth and social upliftment can only be achieved on the back of robust economic and social infrastructure,” noted the bank.