ZESA Holdings has revealed that it will engage South Africa power utility, Eskom next week to discuss a payment plan of a debt amounting to $33 million. This is believed that it will guarantee more power imports.
Eskom has, as a result of the debt, reduced its power supply to ZESA.
Engineer Patrick Chivaura, acting ZESA Holdings Chief Executive Officer has said that the power utility has a payment plan which is supported by the Reserve Bank of Zimbabwe. He said:
Next week we will be engaging Eskom to discuss a payment plan which we hope will guarantee more power imports from the power utility.
ZESA Holdings also owes HCB of Mozambique $35 million. The power utility requires at least $20 million per month to import 600 megawatts of electricity per month.
As water levels shrink at Kariba dam, ZESA has introduced load shedding schedules which see some locations going for 8hours without power. ZESA, however, said that critical sectors of the economy have been spared the load shedding.
More: ZBC News
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