ZERA moves on independent power producers

ZERA moves on independent power producers
Published: 07 October 2013
Efforts by the Zimbabwe Energy Regulatory Authority to engage independent power suppliers to help alleviate power shortages in the country is now paying dividend following the commissioning two independent power supplier power stations this year, an official has said.

ZERA chief executive Mrs Gloria Magombo said they were working on finalising power purchase agreements with the independent power producers.

"Two independent power producer power stations were commissioned early this year and are now operational.

These are Duri power station (2.2MW) and Pungwe power station (2.2) MW.

"We are now in the process of preparing power purchase agreements for that power," she said.

Mrs Magombo said the long term power purchase agreements for operational independent power suppliers were expected to be concluded by the end of this year.

"All project developers negotiate their power purchase agreements (PPAs) with Zimbabwe electricity transmission and distribution Company or large users like mines.

"ZERA's mandate is to review all PPAs and all the projects are expected to be operational by the end of 2013," she added.

Mrs Magombo dismissed the allegations that power tariffs in the country were stifling investment in the power generation sector.

"Power tariffs charged by independent power producers (IPPs) which are negotiated between the Zimbabwe electricity transmission and distribution authority (ZETDC) are actually the best model the world over and investors are willing to come aboard," she said.
- herald
Tags: Zera,


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