The Kariba South Power Station in Zimbabwe, received US$80 million from China’s Export-Import Bank (Exlm) which is the first payment made from the total US$354 million to extend the station, reported Ventures Africa.
The 40 month expansion plan will be implemented by the partnership of Chinese company Sino Hydro and the Zimbabwe Power Company where the total costs of the expansion total US$533 million.
The project will add a further 300MW to the current 745MW output capacity.
These developments could be the answer to Zimbabwe’s unstable power crisis where they have been battling to meet a meagre 59 percent of electricity demands, Ventures Africa reported.
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