Zimbabwe signs $455 million deal with Jindal Africa to refurbish Hwange power plant
Zimbabwe has signed a 15-year concession agreement with Jindal Africa, a subsidiary of India’s Jindal Steel, to rehabilitate the 920 megawatt (MW) coal-fired Hwange thermal power station. The deal is valued at $455 million. According to the country’s energy minister July Moyo, the project will focus on overhauling six ageing units within four years. Under…