Kariba South hydroelectric power plant extension (300MW)

Overview:

• Kariba South hydroelectric power plant extension (300MW).
• The project will add 300MW to the existing 750MW power plant at Kariba.
• Zimbabwe Power Company has signed an EPC agreement with Sinohydro who are developing the project.
• Standard Bank is acting as arranger on $120 million of financing to be used both for this project and the rehabilitation of the Hwange plant.
• The first phase 150MW is expected to be complete by 2017 with the second phase due for completion in 2018.
• The original plant had been built in 1962 with a capacity of 666MW before expanding to 750MW.

Sam Duke - Editor