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Zimbabwe agrees $455 million power plant refurbishment deal with Jindal


18.9.2025


18:27

The
work
on
six
ageing
units
at
the
Hwange
thermal
power
station
is
expected
to
take
four
years

Smoke
rises
from
chimneys
at
Hwange
Power
station
in
Hwange,
Zimbabwe,
October
19,
2021.
Picture
taken
October
19,
2021
REUTERS/Philimon
Bulawayo/File
Photo Purchase
Licensing Rights,
opens
new
tab
HARARE
(Reuters)

Zimbabwe
has
agreed
a
$455
million,
15-year
concession
deal
with
the
Africa-focused
unit
of
India’s
Jindal
Steel

(JINT.NS),
opens
new
tab
 for
the
refurbishment
of
a
920
megawatt
coal-fired
power
plant,
the
energy
minister
said.

The
work
on
six
ageing
units
at
the
Hwange
thermal
power
station
is
expected
to
take
four
years,
July
Moyo
said
during
a
post-cabinet
briefing
late
on
Tuesday.
Jindal
Africa
will
recover
its
investment
from
revenue
generated
by
electricity
sales
from
the
plant.

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sense
of
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trends
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in:

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