Price: $ 1295
BMI View: When compared with many of its regional neighbours, Zimbabwe has the potential to have a relatively stable power market, with electricity generating capacity spread across many sources of power: coal- and oil-fired power stations, as well as hydroelectricity. However, years of underinvestment mean that the country's power stations are now outdated and unreliable, meaning power outages are a regular occurrence. The government is slowly taking steps to turn this around. After many delays, Sinohydro was awarded a contract to expand the Kariba South hydroelectric power plant, with China Machinery Engineering Company awarded the contract to expand Hwange power station. However, it will be several years before these power plants generate electricity, and Zimbabwe will have to turn to expensive ...
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