ZERA TO LICENSE INDEPENDENT POWER PRODUCERS (IPPs)

ZERA to issue 12  independent power producers (IPPs) license to operate in Zimbabwe

Zimbabwe Energy Regulatory Authority (ZERA) is set to license 12 independent power producers. This new plan will help the country’s power deficit gap to be slashed significantly.

The aim is to increase the nation power producing firm which currently have stands at 30 IPPs. Meanwhile, out of the 30 IPPs only eight of those have taken off and were currently operational.

ZERA Acting CEO, Eddington Mazambani said “Eleven independent power producers were licensed in 2018 and about 12 IPPs are expected to be licenced in 2019. He also said that Improved generation capacity is expected at Hwange Power Station.”

The challenges facing most IPPs is that some of them are situated in the eastern border province whose mountainous terrain has proved to be conducive for mini-hydro power plants. This is why they are having operational problem.

The Government plans to promote participation of private capital in a bid to help liberated the country energy sector. But little foreign capital flowing into Harare is affecting the plans. This is because of its status as a high-risk investment destination, most of the projects have suffered a stillbirth.

Other plans to grow the sector are still in progress from the Government. Such plans include having a new power generation projects that ultimately intend to make the country a net power exporter.

 

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