Zesa awaits US$455 million Hwange deal approval

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POWER utility Zesa says it is awaiting government approval of the US$455 million Hwange power station refurbishment deal with the Indian-based company Jindal. This deal was structured under a 15-year rehabilitate, operate, and transfer (ROT) arrangement designed to bolster the country’s electricity generation capacity. Zesa acting chief executive officer, Cleopas Nyachowe, told parliamentarians on Tuesday…