{"id":14265,"date":"2026-01-10T00:25:43","date_gmt":"2026-01-10T00:25:43","guid":{"rendered":"https:\/\/www.europesays.com\/africa\/14265\/"},"modified":"2026-01-10T00:25:43","modified_gmt":"2026-01-10T00:25:43","slug":"zimbabwe-agrees-455-million-power-plant-refurbishment-deal-with-jindal","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/africa\/14265\/","title":{"rendered":"Zimbabwe agrees $455 million power plant refurbishment deal with Jindal"},"content":{"rendered":"<p>HARARE, Sept 17 (Reuters) &#8211; Zimbabwe has agreed a $455 million, 15-year concession deal with the Africa-focused unit of India&#8217;s Jindal Steel <a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/markets\/companies\/JINT.NS\" rel=\"noopener nofollow\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">(JINT.NS), opens new tab<\/a> for the refurbishment of a 920 megawatt coal-fired power plant, the energy minister said.<\/p>\n<p>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.<\/p>\n<p data-testid=\"promo-box\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf article-body-module__promo-box__hVl8h\"> Sign up  <a data-testid=\"Link\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/sustainability\/boards-policy-regulation\/zimbabwe-agrees-455-million-power-plant-refurbishment-deal-with-jindal-2025-09-17\/undefined?location=article-paragraph&amp;redirectUrl=%2Fsustainability%2Fboards-policy-regulation%2Fzimbabwe-agrees-455-million-power-plant-refurbishment-deal-with-jindal-2025-09-17%2F\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC\" rel=\"nofollow noopener\" target=\"_blank\">here.<\/a><\/p>\n<p>The Southern African nation currently only meets around half of its 2,000 MW electricity demand and experiences frequent, extended power cuts due to diminishing capacity at its ageing power plants.<\/p>\n<p>The 1,520 MW Hwange plant, the country&#8217;s largest, was upgraded in 2023 with the commissioning of two units, which added 600 MW. But its older units were built in the 1980s and are operating at a third of their capacity due to breakdowns.<\/p>\n<p>The Kariba hydropower station, built in the 1960s, completed a 300 MW upgrade in 2018, which boosted its capacity to 1,050 MW. However, its generation capacity has in recent years been affected by drought.<\/p>\n<p data-testid=\"SignOff\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__extra_small__8Buss body-module__full_width__kCIGb body-module__extra_small_body__Bfz20 sign-off-module__text__LQAMP\">Reporting by Chris Takudzwa Muronzi; Editing by Nelson Banya and Joe Bavier<\/p>\n<p data-testid=\"Body\" dir=\"ltr\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf article-body-module__element__5eCce article-body-module__trust-badge__5mS3f\">Our Standards: <a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.thomsonreuters.com\/en\/about-us\/trust-principles.html\" rel=\"noopener nofollow\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__small__sph8i link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">The Thomson Reuters Trust Principles., opens new tab<\/a><\/p>\n<p><a href=\"https:\/\/www.reutersagency.com\/en\/licensereuterscontent\/?utm_medium=rcom-article-media&amp;utm_campaign=rcom-rcp-lead\" target=\"_blank\" dir=\"ltr\" class=\"button-module__link__A3sD0 button-module__secondary__70gBu button-module__round__QDFgq button-module__w_auto__Sem-F\" data-testid=\"LicenceContentButton\" rel=\"nofollow noopener\">Purchase Licensing Rights<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"HARARE, Sept 17 (Reuters) &#8211; Zimbabwe has agreed a $455 million, 15-year concession deal with the Africa-focused unit&hellip;\n","protected":false},"author":2,"featured_media":14266,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[60],"tags":[488,2096,4590,1877,1762,5392,9523,9524,1597,1783,698,710,703,702,707,701,709,704,708,9530,9529,706,713,715,495,1787,1786,1784,1788,1782,699,711,492,9525,491,493,1144,1594,714,2650,1880,6603,7086,1882,1883,2528,1595,1766,6606,9526,1778,3155,5391,3149,4016,2841,9527,2833,3148,1399,9528,6607,2836,2835,1590,2524,2834,2072,3161,106,2533],"class_list":["post-14265","post","type-post","status-publish","format-standard","has-post-thumbnail","category-zimbabwe","tag-afr","tag-asia","tag-asxpac","tag-bmat","tag-cmpny","tag-coa","tag-coapwr","tag-coen","tag-com","tag-destabn","tag-destabx","tag-destafn","tag-destbnx","tag-destc","tag-destdnp","tag-deste","tag-destfun","tag-destgro","tag-destmtl","tag-destnoinbsm","tag-destnointim","tag-desto","tag-destoil","tag-destozabsm","tag-destozatpm","tag-destpco","tag-destpen","tag-destpsc","tag-destrbn","tag-destrnp","tag-destsof","tag-destucdptest","tag-eafr","tag-eleu","tag-emea","tag-emrg","tag-energy","tag-enr","tag-fin","tag-in","tag-inds","tag-irnst","tag-iser","tag-min","tag-mine","tag-mtal","tag-nrg","tag-publ","tag-pwr","tag-pwrgen","tag-pxp","tag-regs","tag-repicoal","tag-repigovernance","tag-repigrid-infrastructure","tag-rnw","tag-rnwpwr","tag-rsbiclean-energy","tag-rsbiregulatory-oversight","tag-safr","tag-sasia","tag-stlmil","tag-topicenergy-power","tag-topicenergy-transition","tag-topicmarkets-commodities-energy","tag-topicmarkets-commodities-metals","tag-topicsustasinability-the-switch","tag-util","tag-utlreg","tag-zimbabwe","tag-zw"],"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/posts\/14265","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/comments?post=14265"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/posts\/14265\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/media\/14266"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/media?parent=14265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/categories?post=14265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/tags?post=14265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}