Econet Wireless Granted 25-Year Licence To Construct, Operate Own Power Plant

Posted by Maveriq Read 2 Comments

The government through the Zimbabwe Energy Regulatory Authority (ZERA) has granted mobile network operator Econet Wireless a licence to construct its own solar power plant, after Econet applied for the licence in January. A notice which was published in State media reads,

GENERATION LICENCE No. GC 0066/2018

Issued by the Zimbabwe Energy Regulatory Authority (hereinafter referred to as the Authority) in terms of Section 4( 1 )( e) of the Energy Regulatory Authority Act (Chapter 13:23) as read with Section 42 of the Electricity Act (Chapter 13:19).

The Generation Licence is hereby granted to ECONET WIRELESS (PRIVATE) LIMITED (hereinafter referred to as the Licensee) in terms of Section 42 of the Electricity Act to construct, own, operate and maintain Econet Willowvale Solar Plant for the purposes of generation and supply of electricity for own consumption but connected to the grid.

Subject to the Electricity Act, Energy Regulatory Authority Act and the terms and conditions of its licence, the Licensee shall generate electricity for own use.

The conduct of the above-named Licensee under this Licence is subject to the conditions as outlined below or later revisions to these conditions as are approved by the Authority, the terms as set out in Section 47 of the Electricity Act and any other amendments to the relevant legislation.

ISSUED at Harare on the 27th day of March 2018

Eng. Dr Gloria Magombo
CHIEF EXECUTIVE OFFICER
ZIMBABWE ENERGY REGULATORY AUTHORITY
Expiry Date: 27 March 2043

Econet Wireless Zimbabwe

Econet Wireless Zimbabwe, a subsidiary of Econet Wireless International, is the first and largest mobile network services provider in Zimbabwe. The telecoms giant became popular with its products and services such as Buddie. It has established branches in different corners of the country and enjoys... Read More About Econet Wireless Zimbabwe

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2 Comments

  1. Ossam Nyikadzino says:

    A good move that is in line with the expected economic growth. If all the signed business deal come into fruition, it then means we need double the electricity requirement. As soon as the industry start operating we would treble our electricity consumption.
    Thank you ZESA for being flexible in this regard, gone are the days of an absolute monopoly.

  2. Douglas Shoko says:

    Good move.

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