15 April 2013 – Zimbabwe Electricity Supply Authority (Zesa) managing director Cyprian Chitundu says that interest in the 1,600 MW Batoka Gorge being pursued by Zimbabwe and Zambia is very high. Over two dozen companies from around the world have expressed interest in developing the project. Among these is SynoHydro which has been active in hydroelectric projects across Africa.
It is expected that the project will be undertaken on a build operate and transfer basis. Zambia and Zimbabwe have initiated a new environmental impact assessment study before construction begins. Zambian national electricity company Zesco is discussing the possibility of finance for the renewal of the project’s feasibility study with the World Bank.
Both Zambia and Zimbabwe have been struggling with a shortfall of power. Thus the two countries, which would jointly finance the Batoka hydroelectric project, with additional funding from donors, are seeking to ensure construction and commissioning of the project be achieved by 2017.