News flash
- The project dubbed the Great Zimbabwe Hydro Power Project, is the first of its kind in Zimbabwe to be built adjacent to an existing ZINWA (Zimbabwe National Water Authority) dam, blending modern hydroelectric technology with an established water infrastructure. ย
The consortium of investors include the Danish investment fund, Frontier Energy Africa, local investors Old Mutual ZW, the Public Service Pension Fund, ZB Financial Holdings Pension Fund and MOL Power.
Construction works at the project started in March 2022 and the venture has aroused excitement within surrounding communities in Murinye and Chikwanda communal lands where the bulk of more than 150 unskilled workers were drawn from.
โWe are thrilled to see the Great Zimbabwe Hydro Power Plant commence operations and begin contributing to Zimbabweโs power grid, creating jobs and stimulating local economies in Masvingo and surrounding regions,โ said Daniel Schultz one of the founding partners of Frontier Energy.
Author: Bryan Groenendaal