Zimbabwe is working hard to get its power issue sorted. PER Group Ventures (Pvt) Ltd (PER), a Zimbabwean registered company, created to develop coal fired power station of up to 2,000 MW in Zimbabwe has signed an agreement with China State Construction Engineering Corp Ltd to build a coal power station in April next year.
PER Lusulu Power is the trading name for the development of the power station. PER holds both a 2,000 MW Generation Licence and a Transmission Licence issued by Zimbabwe Energy Regulation Authority (ZERA).
The 600 megawatt plant will be the first phase of the four phases of the 2,000 MW project.
According to the Chairperson of PER Lusulu Power, Stewart Perry, financial institutions in China had agreed to fund the construction of a coal power station in Zimbabwe which will be located in North-Western Zimbabwe at a cost of US $1.1-bn. This will be done subject to the company signing a power purchase agreement with the country’s energy regulator, Zimbabwe Energy Regulation Authority (ZERA).
Design and construction of the plant will be undertaken by China State Construction Engineering Corp. the company will also construct power transmission lines and this project is expected to be complete by 2019.
Zimbabwe has had an electricity production capacity of 1100MW which is 50% of its peak demand forcing business owners and industries to rely on diesel generators.