Connect with us

Hi, what are you looking for?

Showbiz | Your Daily Dose of Zimbabwean Entertainment News & Celebrity BuzzShowbiz | Your Daily Dose of Zimbabwean Entertainment News & Celebrity Buzz

Local News

President Mnangagwa Highlights Importance of Electricity in Industrialization

ipps-set-to-generate-1100-mw-in-landmark-pilot-projects

President Emmerson Mnangagwa recently officiated the groundbreaking ceremony for a major 720MW coal-fired thermal power plant in Hwange, a collaborative project between Titan New Energy and ZESA Holdings.

The Herald reports that Titan Energy has committed US$1 billion to the first phase of the project, which includes plans for an additional 200MW solar plant to be developed in Gweru under Phase 2. Construction on the facility is set to begin immediately, with some units expected to be up and running by the end of next year.

The Hwange power plant will utilize lower-quality coal, sourced from mining operations that would otherwise go to waste.

Speaking at the event, President Mnangagwa emphasized the importance of electricity in driving industrialization and its role in key sectors such as mining, agriculture, and manufacturing. He stated:

“It is an honor to officiate at the groundbreaking ceremony for these critical energy projects. This is a significant milestone in our country’s efforts towards modernization, industrialization, and sustainable economic development, all underpinned by a strong energy sector.”

Advertisement. Scroll to continue reading.

Mnangagwa also highlighted the critical role of electricity in supporting industrialization, particularly in sectors like mining, agriculture, and manufacturing. The Titan Thermal Power Plant will generate 720MW, while Afrochine is contributing an additional 100MW through a solar project in Selous. Additionally, the Titan investors will also develop a 200MW solar plant in Gweru, with both the Hwange and Gweru projects expected to be completed by December 2025.

RELATED NEWS

The President urged that local communities in Hwange, Chivhu, and Selous should benefit from these investments through job creation, economic stimulation, and skills development. He also called on investors to prioritize environmental, social, and governance standards in their projects.

Mnangagwa condemned the recent rise in vandalism of electricity infrastructure, stressing the need for swift action against those responsible.

This new power plant project is part of the broader initiatives discussed during President Mnangagwa’s recent visit to China, during the Forum on China-Africa Cooperation Summit in Beijing.

Advertisement. Scroll to continue reading.

ABOUT US

 

ShowBiz Zimbabwe

Dive into the world of Zimbabwean entertainment with Showbiz! We deliver the latest news on your favorite celebrities, musicians, actors, and everything in between.

Email: editor@showbiz.co.zw

You May Also Like

Local News

President Emmerson Mnangagwa has urged unity within Zanu PF, cautioning members against factionalism and internal disputes that threaten party stability. His remarks came during...

Local News

President Emmerson Mnangagwa has reiterated his commitment to upholding Zimbabwe’s Constitution, assuring the nation that he will not extend his tenure beyond the legally...

Local News

President Emmerson Mnangagwa’s administration is under intense scrutiny following its inadequate response to the latest road accident, which has exposed the dire state of...

News

President Emmerson Mnangagwa has declared the tragic Beitbridge road accident that claimed 24 lives a national disaster, pledging government support for the affected families....

Local News

President Emmerson Mnangagwa has departed Harare for the 38th Ordinary Session of the African Union Heads of State and Government in Addis Ababa, Ethiopia....

Local News

President Emmerson Mnangagwa has removed Apollonia Munzverengwi from her position as Mashonaland East Minister of State for Provincial Affairs and Devolution. The announcement was...

News

President Emmerson Mnangagwa has given the green light for urban land to be allocated to war veterans, according to Information, Publicity, and Broadcasting Services...

Local News

The Zimbabwean military, led by General Constantino Chiwenga and under the leadership of Robert Mugabe and Emmerson Mnangagwa, is widely recognized as one of...

Advertisement