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Alba Iulia
Tuesday, October 20, 2020

Zambia and Zimbabwe shortlists three developers for the Batoka Gorge Hydro Electric Scheme

Economy Zambia and Zimbabwe shortlists three developers for the Batoka Gorge Hydro...

Zambia'sMinister of Finance MARGARET MWANAKATWE (right) and Zimbabwe's Minister of Finance & Economic Development Proffessor MTHULI NCUBE (left) at David Livingstone Hotel, Livingstone, Zambia, after the Zambezi River Authority Council of Minister's Meeting on the Batoka Gorge.
Zambia’sMinister of Finance MARGARET MWANAKATWE (right) and Zimbabwe’s Minister of Finance & Economic Development Proffessor MTHULI NCUBE (left) at David Livingstone Hotel, Livingstone, Zambia, after the Zambezi River Authority Council of Minister’s Meeting on the Batoka Gorge.

The Zambezi River Authority Council of Minister’s has shortlisted three developers for the Batoka Gorge Hydro Electric Scheme.

At a meeting held at the David Livingstone Hotel in Livingstone, the Council of Minister’s approved the short listing of a Consortium of General Electric of USA and Power Corporation of China, Salini Impregilo of Italy and a joint venture comprising Three Gorges Corporation namely China International and Water Electric Corporation, and China Gezhouba Group Company Limited.

The members of the Zambezi River Authority Council of Ministers are Matthews Nkhuwa, Zambia’s Minister of Energy, Dr. Joram Gumbo, the Minister of Energy and Power Development, Zimbabwe, Margaret Mwanakatwe Minister of Finance Zambia and Professor Mthuli Ncube the Minister of Finance and Economic Development of Zimbabwe.

In a joint communique delivered at the end of the meeting today and read by Council of Minister’s Chairman Mathew Nkhuwa, the Minister’s have stated that the project will be schemed on a Build-Operate-Transfer financing model and will not put any fiscal strain on the Governments of Zambia and Zimbabwe as no sovereign guarantees will be required.

The Ministers have also stated that three preparatory studies which include, engineering feasibility study, environmental and social impact assessment, and legal and financial transaction advisory services, will be completed by end of the first quarter of 2019.

They have also agreed that the request for proposals will be launched by April, 2019, while the final developer for the gorge will be appointed by September, 2019.

The Ministers took the opportunity to reiterate their commitment to strengthening cooperation between the two neighbouring countries.

The other members of the Zambian delegation were Attorney General Likando Kalaluka, Ministry of Finance Permanent Secretary for Economic Management and Finance Mukuli Chikuba and Ministry of Energy Permanent Secretary Brigadier General Emelda Chola.

This is according to a statement issued to the Media by Ministry of Finance spokesperson Chileshe Kandeta.

Zambia'sMinister of Finance MARGARET MWANAKATWE (right) and Zimbabwe's Minister of Finance & Economic Development Proffessor MTHULI NCUBE (left) at David Livingstone Hotel, Livingstone, Zambia, after the Zambezi River Authority Council of Minister's Meeting on the Batoka Gorge.
Zambian Delegation at the Shortlisting Meeting

8 COMMENTS

  1. Africans can’t do this.we need to invest in education not in fake qualifications without work.Professors,doctors without any track record of anything.Tefitu mayo in Africa.We have people who steal from their own people.

    • Moscow(op) – this is a big contract for a Tier 1 Main contractor…you can see even the Egyptians have stayed away and those companies that have formed consortiums are not small firms.

    • Tender will be given to Chinese. Zesco will then be split into 3 parts, Chinese will be given generation (Kariba, Kafue gorge) & transmission (HV powerlines) while Zambians will operate distribution part 11kv lines & meter readers & billing.

      PF is a sell-out regime

  2. The Zambezi River Authority Council of Minister’s has shortlisted three developers for the Batoka Gorge Hydro Electric Scheme.

    At a meeting held at the David Livingstone Hotel in Livingstone, the Council of Minister’s approved the short listing of a Consortium of General Electric of USA and Power Corporation of China, Salini Impregilo of Italy and a joint venture comprising Three Gorges Corporation namely China International and Water Electric Corporation, and China Gezhouba Group Company Limited.

  3. Once the 40,000MW Inga Project in Congo comes on board the development of the 2,400MW Batoka Project will not be necessary. So it is important that Zambia and Zimbabwe develop this project as soon as possible.

  4. All built by Chinese, just like the roads that are falling apart surly the dam wall will be built on the cheap and the PF/ZANU will benefit not us who have to pay for it.
    Zimbabwe cannot feed its citizens yet thy want to build a dam, what a shame dear Africa, what a shame, priorities are in the wrong place

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