Minister of Energy and Power Development Simon Khaya Moyo has revealed that the United States of America based multinational conglomerate General Electric (GE) is interested in investing in the $4.5 billion Batoka Hydro Power Project. Representatives from GE and China Power International Development (China Power) were in the country last week. Addressing delegates at Zesa Holdings awards on Friday, Moyo said
This morning, I received representatives from China Power and General Electric from the United States of America. They have shown great enthusiasm to move into the Batoka. I know the colleagues in Zambia are interested. We will meet Zambezi River Authority and council of ministers to discuss how we can speed up the process.
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Simon Khaya Moyo is a politician and spokesperson of Zanu-PF and the former Minister of Energy and Power Development. He is a former ambassador of Zimbabwe to South Africa. Read More About Simon Khaya Moyo
Zambezi River is a river between the Zimbabwe and Zambia border. It is the largest river in Zimbabwe and Africa's fourth largest river . It flows for 2,700 kms into the Indian Ocean at its delta on the Mozambique coast. The Zambezi is home to... Read More About Zambezi River