Zimbabwe’s electric utility is near completion of an agreement in which Russia’s Turbo Engineering is to build 17 small hydropower projects totaling 123 MW.
Zimbabwe’s state-owned Sunday Mail quoted General Manager Obert Nyatanga of Zesa (Zimbabwe Electricity Supply Authority) Holdings, saying a memorandum of understanding already has been signed. Nyatanga said Turbo Engineering is to be registered in Zimbabwe in two weeks, after which it will be able to obtain a power generation license.
A final deal is to be signed in December, allowing the first of four phases of project construction to begin in January, the newspaper said. Turbo Engineering is to manufacture and install equipment, while Reserve Bank of Zimbabwe, which has conducted due diligence work, is to fund the program.
In the first phase of construction, 43 MW of hydropower is to be installed, at a cost of 33 million euros (US$42 million), at four dams: Osborne in Manicaland, Mutirikwi and Manyuchi in Masvingo, and Tsanga in Nyanga. Nyatanga said a feasibility study has been completed for the first phase.
In the remaining three phases, 80 MW of hydropower is to be installed in stages.