Zimbabwe cuts electricity imports thanks to China-funded power generator

HARARE, Sept. 21 (Xinhua) — Zimbabwe imported less electricity after supplies were boosted by a new 300-megawatt generator completed in March by a Chinese firm at the country’s largest power plant.

Zimbabwe imported a total of 2,303.6 gigawatt hours (GWh) of electricity in 2022, and 863.4 GWh in the first quarter of this year, according to the Zimbabwe National Statistics Agency (ZIMSTAT).

After the commissioning of the power generator, the southern African country imported a total of 375.9 GWh of electricity, down from the import volume in the previous year as well as in the first quarter, ZIMSTAT said Thursday.

The 600 MW Hwange Unit 7 and 8 expansion project was undertaken by Chinese firm Sinohydro.

Xinhua

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Old Mutual launches Prospect housing project

In an important move, Old Mutual, a big financial services company, started a $12 million housing project in Prospect, Harare, this Monday. The company held the groundbreaking ceremony for the project yesterday. The housing project will be done in phases, with $4 million to be used this year. Modern housing units will be built on […]

Read More
Business

ZIMTRADE’s Training Propels SMEs Towards International Market Success

In Bulawayo, a transformation is underway as small to medium enterprises (SMEs) gain the confidence to enter the export market, thanks to a strategic initiative by Zimbabwe’s trade promotion authority, ZIMTRADE. These ventures, which began as modest local businesses, are now gearing up to compete on the international stage.Bulawayo’s entrepreneurs are seizing the vast opportunities […]

Read More
Business

Unifreight buoyant as it registers 58% Q1 volumes growth

Diversified logistics concern Unifreight has announced a remarkable 58% increase in volumes for the first quarter of 2024. This growth is attributed to the company’s strategic fleet expansion, increased capacities, and aggressive marketing efforts. Unifreight has placed significant resources into the Full Truck Load (FTL) market segment, which has paid off handsomely. The FTL market […]

Read More