Saturday, March 21, 2026
  • About
  • Advertise
  • Careers
  • Features
  • News
  • Sports
  • Entertainment
  • Weather
  • Info-data
  • Beautiful Cities
  • Discoveries
  • Login
No Result
View All Result
Home Business

Zambia, Zimbabwe to retender $5bn Batoka hydropower plant

Adesola Bolaji by Adesola Bolaji
March 25, 2024
in Business, News
0
Zambia, Zimbabwe to retender $5bn Batoka hydropower plant
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

Zambia and Zimbabwe are retendering a $5 billion project to build Batoka hydropower plant they previously awarded to General Electric and Power Construction Corp of China.

Both countries also expect to select new bidders by September next year.

Related posts

Nigerian Mother, Two Children Killed in US Road Accident

Nigerian Mother, Two Children Killed in US Road Accident

March 21, 2026
Nigeria Advances $20bn Gas Pipeline Project to Boost Europe Energy Supply

Nigeria Advances $20bn Gas Pipeline Project to Boost Europe Energy Supply

March 21, 2026

The Zambezi River Authority — a joint venture between the two southern African countries that maintain the Kariba Dam complex — expects to receive bids from potential developers by April 2025 and select bidders five months after that.

This is according to a statement by the Zambezi River Authority Chief Executive Officer, Munyaradzi Munodawafa.

Work on the 2,400-megawatt Batoka hydropower was initially scheduled to begin in 2020.

The Kariba Dam and Kariba lake in Kariba on January 20, 2020. Photographer: Guillem Sartorio/AFP/Getty Images

However, it suffered several delays, including the onset of the coronavirus pandemic and difficulties in securing funding.

In June last year, Zambian Energy Minister Peter Kapala said the country would exit the 2019 contract with General Electric and Power China.

Kapala said this is due to the fact that proper procurement methods were not followed when the deal was struck.

Drought, blamed on the El Niño weather phenomenon, has gripped the entire southern African region, contributing to elevated surging food prices that have hurt poorer households.

Zambia has declared the situation a national disaster.

Munodawafa said developing water-reserve buffers is therefore a priority.

According to Munodawafa “additional hydroelectric schemes will facilitate reservoir regulation for power generation and flood management.”

“This means generation will be increased at Batoka during the peak season while water will be banked at the Kariba Dam for use during the dry season.”

Water levels at Kariba, which straddles Zambia and Zimbabwe, are expected to keep receding due to poor rainfall, although Munodawafa ruled court decommissioning the dam.

ZRA has allocated 8 billion cubic meters of water to Zambian power utility Zesco Ltd. and its Zimbabwe Power Co counterpart, which translates to 214 megawatts respectively for the two companies until year-end.

Batoka will serve as a mitigation measure to some of the hydrological problems at Kariba, while at the same time directly contributing “a significant increase to the desperately needed power supply capacity of Zambia and Zimbabwe,” Munodawafa said.

Tags: Batoka Hydropower PlantZambiaZimbabwe
Previous Post

(VIDEO) 44-Year-Old Faye Set to Become Senegal’s President as Ruling Coalition Congratulates Him

Next Post

Zimbabwe to Keep Local Dollar Despite Losses, Revamp Plans – Ncube

Next Post
Zimbabwe to Keep Local Dollar Despite Losses, Revamp Plans – Ncube

Zimbabwe to Keep Local Dollar Despite Losses, Revamp Plans - Ncube

Leave a Reply Cancel reply

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

RECOMMENDED NEWS

Tanzania Central Bank Raises key Interest Rate to Tackle Inflationary Pressure

Tanzania Central Bank Raises key Interest Rate to Tackle Inflationary Pressure

2 years ago
CAF Confirms Dates, Venues, and Fixtures For U-17 AFCON Morocco 2025

CAF Confirms Dates, Venues, and Fixtures For U-17 AFCON Morocco 2025

12 months ago
Burundi Denies Troop Withdrawal as M23 Rebels Expand Control in Eastern Congo

Burundi Denies Troop Withdrawal as M23 Rebels Expand Control in Eastern Congo

1 year ago
Kakubo Stanley: Zambian Foreign Minister Resigns

Kakubo Stanley: Zambian Foreign Minister Resigns

2 years ago

BROWSE BY CATEGORIES

  • Beautiful Cities
  • Business
  • Culture
  • Discoveries
  • Entertainment
  • Features
  • Info-Data
  • Lifestyle
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Travel
  • Uncategorized
  • Weather

POPULAR NEWS

  • BREAKING: Shawwal 1446 AH Crescent Sighted in Nigeria, Sunday is Eid-el-Fitr

    BREAKING: Shawwal 1446 AH Crescent Sighted in Nigeria, Sunday is Eid-el-Fitr

    0 shares
    Share 0 Tweet 0
  • Nigeria: (VIDEO) Protesters Storm Lagos Assembly with Banners Reading ‘We Don’t Have a Place to Live’

    0 shares
    Share 0 Tweet 0
  • Nigeria: (VIDEO) Popular ‘The New Masquerade Actress’ Ovularia Dies at 81

    0 shares
    Share 0 Tweet 0
  • Finding the Right Balance Between Product-Led Growth and Project Delivery – Ese Onogoro

    0 shares
    Share 0 Tweet 0
  • EXCLUSIVE: Nigeria High Commission in London Faces Backlash Over Use of Redeemed Churches for Passport Exercise

    0 shares
    Share 0 Tweet 0
  • About
  • Advertise
  • Careers

© 2023 AAN TV - All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Features
  • News
  • Sports
  • Entertainment
  • Weather
  • Info-data
  • Beautiful Cities
  • Discoveries

© 2023 AAN TV - All rights reserved.