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Zimbabwe agrees 455 million deal with Jindals Africa unit to upgrade Hwange power plant...
17 Sep, 2025 12:31
316 min read
Zimbabwe has entered into a $455 million, 15-year concession agreement with Jindal Africa to modernize its 920 MW Hwange coal-fired power plant. The refurbishment of the plant's six older units is expected to span four years, with Jindal Africa recouping its investment through electricity sales. This project is intended to mitigate Zimbabwe's electricity shortfall, as the country currently satisfies only approximately half of its 2,000 MW demand due to the reduced output of aging facilities like Hwange, where older units operate at only a third of their capacity....
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Generation
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