Indian firm to refurbish Munyati Power Station
AN Indian firm, Jaguar Overseas Limited, which is struggling to secure funding for the refurbishment of the Harare Power Station, has been awarded a contract to repower Munyati Power Station, the Financial Gazette’s Companies & Markets has established.
Minister of Energy and Power Development, Samuel Undenge, last week confirmed the development.
“Jaguar Overseas of India has been awarded the tender to repower Munyati Power Station,” said Undenge.
The move raises questions over the tender processes.
Despite having been awarded the Harare tender two years ago, Jaguar Overseas has made no headway in accessing funding for the project.
The repowering project at Munyati will see the replacement of 15 existing boilers, overhaul of cooling towers and water treatment plant, refurbishment of two 50 megawatts (MW) steam turbines and carrying out civil works.
Jaguar Overseas is an engineering, procurement and construction contractor with a fast growing footprint in over three continents and 52 countries.
It has completed projects in over 40 countries over the past 10 years and boasts of turnovers of more than US$400 million annually.
The outdated power plant it intends to repower is currently generating 23MW on average, but Munyati Power Station will have its electricity generation capacity restored to 100MW.
Zimbabwe faces a critical power shortage with generation averaging 1000MW against national peak period demand of 1 600MW.
The situation has been worsened by the reduction of output at Kariba Power Station due to the drastic fall in the dam’s water levels.
Government has also secured US$87 million from government of India to repower Bulawayo Power Station.
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