Rio Zim

Is investing US$1.5bn for the construction of a 2,800MW thermal plant in Sengwa, Zimbabwe worth it? Rio Zim, a mining company in Zimbabwe; has achieved another milestone by signing a Power Purchase Agreement (PPA) with Power China to construct the Sengwa thermal plant. Power China in November 2018 signed a framework and exclusivity agreement with Rio Zim. The PPA is an essential part of this type of project as it guarantees investors of future benefits….