Transmission and Distribution Company, had prioritised debt repayment for power supply from HCB.
“Accordingly, as of last week, the debt stood at US$2,67 million which should be cleared in the near future,” he said
“An amount of US$1,7 million is being paid per week towards extinguishing the said debt which stood at some US$75 million at one point,” he added.
Mr Mbiriri hinted that the Government was likely to negotiate for an increase in supply after the debt is cleared.
“We currently received a firm supply of 100MW and we hope that we can be availed more in terms of a new power allocation at the end of ongoing negotiations,” he said.
Zimbabwe needs 2 200MW at peak times but only generates around 1 000MW while importing a significant chunk from regional power utilities.
Rising debt had resulted in some regional utilities reducing supply to Zesa Holdings, which also used to import power from the Democratic Republic of Congo and South Africa. — New Ziana.
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