"We've Paid US$10M To HCB, Mozambique For More Electricity" - Energy Minister
Deputy Minister in the Ministry of Energy, Mrs Magna Mudyiwa, has said that Zimbabwe has paid US$10 million to Mozambique power utility, the Hidroeléctrica de Cahora Bassa (HCB) in a bid to unlock more power supply.
Zimbabwe was owing about US35 million to the power utility before the payment of the US$10 million in question.
Mudyiwa revealed te development to NewsDay on the sidelines of the 53rd Southern African Power Pool Management (SAPP) Committee official opening on Thursday. She added:
If we can get up to 400 megawatts from HCB, that will be fine for us. We have to source for the funds because our electricity situation is not that good so we have to source for funds to pay HCB.
The transaction is yet to be confirmed by Mozambique. Hopes are that the case would not be a replica of the June 2019 case when Energy Minister, Advocate Fortune Chasi announced that Zimbabwe had paid US$to South Africa power utility, ESKOM. The power utility then refuted the claim.
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The development comes when Zimbabwe is experiencing very long power cuts due to a number of issues including dwindling water levels at Kariba dam and ageing equipment at Hwange Thermal power station.
More: News Day
