The Zimasco Gas Fired Power Plant is 400MW gas fired power project. It is planned in Matabeleland North, Zimbabwe. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2025.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Thermal | 400 | – | 400 | Permitting | Matabeleland North, Zimbabwe | Shangani Energy Exploration; Sinosteel |
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Description
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The project is being developed by Shangani Energy Exploration and Sinosteel. These companies also have ownership stakes in the project.
It is a thermal power plant.
The project cost is expected to be around $780m.
Development Status
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By GlobalDataThe project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2025.
About Sinosteel
Sinosteel Corp (Sinosteel) is a developer and processor of metallurgical mineral resources. The company develops ferrous metal minerals, non-metal minerals, coking, steel products, ferroalloys, carbon 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.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
