Zimbabwe to be power sufficient by 2023.
President Emmerson Mnangagwa has assured his unwavering support to two indigenous companies in Hwange, Zambezi Gas and Makomo Resources in their efforts to improve local power generation.
By Antonnate S. Mugodi.
These two companies are part of coal development projects that will see the country achieve electricity self-sufficiency by 2023 with a surplus for export.
The President has pledged commitment and support to Zambezi Gas which has been granted a license to construct a 450 megawatt power station.
“Government must focus and support mining ventures in Zimbabwe but with the Zambezi, it is extremely pleasing that this is one of the domestic and indigenous mining companies.If it makes money it will, in turn, be reinvested into other sectors of the economy.
“So Zambezi gas and coal you have the backing of the president and the backing of the government as well,” the President said.
Makomo Resources will supply input to the Hwange 7 and 8 thermal power expansion project at its completion.
“Makomo in our scheme of things has a significant role to play where at the completion of the 7 and 8 plants we are going to have 600 Megawatts but input into 7 and 8.
“I was informed that they are going through challenges but I think those challenges can be surmounted as we sit down and discuss.
“I am happy that I have come to see your operations here and this is an indigenous company,” said President Mnangagwa.
“This is the second indigenous company I have come to and it is older than Zambezi.Be assured from me that as long as you remain focused and patriotic to your country you have my government support,” he added.
For the past ten years Makomo has become the largest coal mining company in the country and over US$100 million will be invested over the years to expand operations in a development that will increase output and create more employement.
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