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    Home » Zimbabwe reverses power contract with Sino-Hydro of China

    Zimbabwe reverses power contract with Sino-Hydro of China

    March 20, 2013
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    20 March 2013, Harare – The Zimbabwe government has reversed its contract with Sino-Hydro of China on the Kariba South Power Station expansion, according to Energy and Power Development Minister Elton Mangoma.

    The contract review, following a cabinet order to that effect, now awaits the approval of the State Procurement Board, SPB.

    SPB awarded Sino-Hydro the contract for the engineering, procurement and construction of the power station after the firm tendered a bid of US$368 million.

    The government had then scrapped the excise duty from the importation of equipment and the figure was reduced to US$355 million.

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