The Zimasco Gas Fired Power Plant is 400MW gas fired power project. It is planned in Matabeleland North, Zimbabwe. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2025. Buy the profile here.
The project is being developed and currently owned by Shangani Energy Exploration and Sinosteel. The owners have 50% stake in the project respectively.
It is a Thermal power plant.
The project cost is expected to be around $780m.
The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2025.
For more details on Zimasco Gas Fired Power Plant, buy the profile here.
Sinosteel Corp (Sinosteel) is a developer and processor of metallurgical mineral resources. The company develops ferrous metal minerals, non-metal minerals, ferroalloys, carbon products, coking, steel products, electronic magnetic material and non-ferrous metals. It offers manganese ore, chrome ore, coal, coke, pig iron, scrap, steel wire, ferrochrome, refractory equipment, rolling equipment, iron making equipment, mining equipment, nickel, zinc, copper, graphite electrode, and permanent magnetic ferrite. Sinosteel provides engineering, trading and logistics, and technical support services. The company operates in Australia, Cameroon, South Africa, Zimbabwe, Indonesia China, Hong Kong and the Philippines, among others. Sinosteel is headquartered in Beijing, China.