Indian energy firm keen to invest in Zimbabwe

Mukudzei Chingwere in NEW DELHI, India

Leading Indian energy solutions firm, Jakson Group, is willing to expand its investment foothold into Zimbabwe and are planning to visit the country within the next three weeks on an investment scouting mission.

The company’s chairman and managing director, Mr Sameer Gupta revealed this after paying a courtesy call on Vice President Dr Constantino Chiwenga who has since returned home.

VP Chiwenga led the country’s delegation at the just ended Africa Conclave on India-Africa Partnership where he scouted for investments.

VP Chiwenga led the country’s delegation at the just ended Africa Conclave on India-Africa Partnership where he scouted for investments.

 

Jakson is a leading energy and sustainable solutions company, aiding sustainable development, and electric power generation with a wide range of products and services that help customers meet their diverse needs safely and sustainably.

“We are very excited to extend our investment foothold into Africa, and we had a wonderful meeting with the Vice President of Zimbabwe,” said Mr Gupta.

“We are now considering investing in Zimbabwe’s power plants, particularly renewables and solar. We are also looking at exploring some mining opportunities.

“We do not have any investments in Africa but I think this is the right moment for us to look at the opportunities there.

“Most likely we will be in Zimbabwe in the next two to three weeks. We are planning to sign an MoU and then visit,” said Mr Gupta.

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