NEW: CZI optimistic of improving power situation  

Online Reporter  

THE Confederation of Zimbabwe Industries (CZI) is optimistic of improved electricity supplies in the medium term owing to rising water levels in Lake Kariba and the scheduled completion of Hwange Thermal Power Station Unit 8 within the next two months.

Hwange Unit 7 has already been successfully synchronised to the grid.

Load-shedding has been affecting both domestic and industrial users.

In its latest Business Environment Insights report, CZI said:  “The prospects for 2023 look bright from April to November when Kariba water levels improve.

“It is expected that improved rainfall patterns in the north along the Zambezi River will increase inflows into Lake Kariba.

“Hwange 8 is expected to be complete by June 2023, and the two thermal power stations are expected to add 600MW (megawatts) to the grid, which would see power outages declining by May 2023.” Business is expected to boost competitiveness as the power situation improves.

 

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