BMI View: When compared with many of its regional neighbours, Zimbabwe has the potential to have a relatively stable power market, with electricity generating capacity spread across many sources of power: coal- and oil-fired power stations, as well as hydroelectricity. However, years of underinvestment mean that the country’s power stations are now outdated and unreliable, meaning power outages are a regular occurrence. The government is slowly taking steps to turn this around. After many delays, Sinohydro was awarded a contract to expand the Kariba South hydroelectric power plant, with China Machinery Engineering Company awarded the contract to expand Hwange power …
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