Govt reviews 60 IPP licences

Govt reviews 60 IPP licences
Published: 26 August 2019 (145 Views)
GOVERNMENT has ordered the Zimbabwe Energy Regulatory Authority (ZERA) to review licences of 59 independent power producers after they failed to commence operations within a reasonable period.

At least 77 licences were issued by Zera between 2010 and July this year, but only 18 independent power producers had committed to invest in renewable solar energy.

Speaking on the sidelines of a renewable energy conference in Harare last week, Minister of Energy and Power Development Advocate Fortune Chasi said those who held licences for speculative purposes in the hope of seeking investors will now "face the music".

"Zera is in the process of reviewing those licences and we will be able to give you information regarding each application and what is happening to it," he said.

- the herald

Tags: Govt, IPP, Chasi,
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