Harare, Zimbabwe — ESI-AFRICA.COM — 19 September 2011 – Zimbabwe’s state electricity company ZESA says it intends raising power output by 400 megawatts (MW) by refurbishing a large thermal plant and two smaller power stations at a combined cost of US$245 million.
Currently Zimbabwe produces only around 1,000MW of electricity against a peak demand of 2,200MW, because of its ageing power plants.
ZESA manager for business planning and development Patrick Chivaura said here that low tariffs were discouraging independent power producers from entering the market.
“We have engaged a technical consultant and financial advisor to help us approach the market to finance these projects,” Chivaura told a mining conference.
He said Zesa had struck an agreement to supply uninterrupted power to mines because they were now paying higher tariffs. The source of this electricity was from imports and some smaller power stations.
“This has reduced power outages, which previously affected Zimbabwean mines,” Chivaura added.