Copperbelt Energy of Zambia may invest in Zimbabwe Copperbe

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Message Jeu 16 Sep 2010 19:27

Copperbelt Energy of Zambia may invest in Zimbabwe Copperbe

Copperbelt Energy of Zambia may invest in Zimbabwe

Copperbelt Energy Corp. (CEC) a supplier of electricity to Zambian mines, is considering investing in neighboring Zimbabwe, where MD-Corporate development and CFO Michael Tarney said independent producers are needed to help get new projects off the ground.



Tarney said at a conference today (Sept. 16) in Harare that CEC may provide power to the state-owned Zimbabwe Electricity Supply Authority, or Zesa, which will supply mines and consumers in Zimbabwe.



“We are at the early stages of looking into moving into Zimbabwe. We also have an interest in reviving Zesa’s defunct thermal power stations in Munyati and Harare, as well as helping out at Hwange,” he said.



Demand for electricity in Zimbabwe is 2,200 megawatts, compared with production of 1,200 megawatts and imports of as much as 300 megawatts from Zambia, according to Zesa. There has been no investment in power supply in Zimbabwe for the past 20 years, Patrick Chivaura, business development manager at Zesa, said at the same conference today. “Zesa and the government do not have the financial capacity to invest in new projects, so independent producers are needed,” Chivaura said
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Message Jeu 16 Sep 2010 20:01

Re: Copperbelt Energy of Zambia may invest in Zimbabwe Copperbe

Un jour ca va être réacteur nucléaire contre Uranium ..

au plus offrant ..

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