Eskom’s chief financial officer, Anoj Singh, has confirmed that the South African power utility will continue to export electricity to Zimbabwe and other countries in the southern region.
The New Zimbabwe reported that this is despite ZESA struggling to settle about $43 million in arrears owed to Eskom.
Singh said: “In order to grow export sales, Eskom has concluded new export sale agreements with a number of regional trading partners, ranging from 50MW to 200MW.”
He added: “Agreements have already been concluded with BPC of Botswana, NamPower of Namibia, ZESA of Zimbabwe and Copperbelt Energy Corporation of Zambia.”
ZESA power supply
According to media, ZESA figures show that the power utility currently generates roughly 1,300MW at Kariba South Hydro Power Station, Hwange Thermal Power Station and its three other smaller plants combined, while importing up to 350MW from neighbours, South Africa and Mozambique. Read more…
Meanwhile, finance minister, Patrick Chinamasa, is reported to have revealed in his mid-year fiscal review statement that domestic power supply has largely benefited from improved production at Hwange Thermal Power Station.
“Sustainability of electricity supply will, however, be dependent on our ability to invest in additional generation capacity and in ensuring users timeously pay for electricity consumed,” Chinamasa said.
Ramping up generating capacity
It is reported that in 2014, Zimbabwe signed a $1.5 billion agreement with China’s Sinohydro Corp to ramp up generating capacity to 600MW at the coal-fired Hwange Thermal Power Station.
In June this year, the minister of energy and power development, Samuel Undenge, revealed that government obtained $12 million through the Zimbabwe Multi-donor Trust Fund, earmarked to pay for equipment required to boost power generation at the Hwange Thermal Power Station.