The current load shedding is the most severe in many people's memories, with the year 2008 being second when financial problems forced ZESA to drastically reduce imports while infrastructure was run down because of lack of maintenance.
ZESA Holdings gets its power from dilapidated thermal power stations and the more efficient Kariba Hydro Power Station and generally produces about 1,100 MW at peak with a little more coming from imports.
We also have tangible evidence that there has been pressure from external debtors, that there has been pressure to pay for Air Zimbabwe and ZESA
He was, however, optimistic that an agreement will soon be reached with ZESA
to extend the power supply agreement for another period of approximately six months.
In 2007 Nampower entered into a power purchase agreement with Zimbabwe power utility, ZESA
in which Nampower injected US$40 million into the rehabilitation of the Hwange thermal power station and in return ZESA
would provide 150 megawatts of power to NamPower for five years.
SNEL now hopes to increase its exports to ZESA
up to 250 MW.
Sakunda was responsible to provide fuel under the terms of its contract with ZESA
Zimbabwe Power Company (ZPC), a subsidiary of ZESA
Holdings (Pvt) Ltd, is planning to undertake the construction of Western Areas Coal Power Station project in Zimbabwe.
As a result of its lack of foreign exchange reserves in 2000, Zimbabwean company ZESA
was unable to fund purchases of power.
The deal has been signed at a time when Harare is grappling with a 1 200MW deficit that has occasioned power outages of up to 18 hours across homes and industries, and company managing director Noah Gwariro says the ZESA
arm needs $6 billion-plus to fully finance its developmental projects.
Zimbabwe, having five power stations, produces half of its peak demand of 2,200MW, however, the power utility ZESA
has executed projects to increase capacity at Hwange and Kariba South.