Intratrek Zimbabwe founded by businessman Wicknell Chivayo, filed a lawsuit at the High Court demanding $25 million from the Zimbabwe Power Company (ZPC) in damages for alleged breach of a multi-million dollar contract for the construction of the Gwanda solar plant.
According to the application filed by Intratrek’s lawyers Advocates Lewis Uriri and Thabani Mpofu, $15 million is for loss of profit, $5 million for costs of syndicating partnership with a Chinese partner (CHINT) and sourcing project finance from China Eximbank and another $5 million for reputational damage. ZPC and Intratrek signed a $172 million EPC agreement for the construction of a 100 megawatts solar power station in Gwanda. ZPC the cancelled the contract stating that Intratrek failed to satisfy the conditions of the contract.
Intratrek claims ZPC was responsible for causing delays to the implementation of the contract through its failure to obtain an environmental impact assessment certificate and legal charges it instituted against Chivayo alleging fraud and corruption in the execution of the Gwanda solar plant project, which stalled progress in the implementation of the project.
More: Herald
Wicknell Chivayo usade kutijairira usatamba nenyika uchidaro. Ko Wicknell Chivayo achiri kuiteiko panze nhai muisei mujeri agaremo upenyu hwake hwose.Ndasajairira nyika achidaro so.
Company yake ndaivharwe zvachose , vakachabatireiko masamanisi ekushandisa munyika .Ndaivharwe iyi zvachose.nxaaaaaaaa