Zimbabwe agrees $455 million deal with Jindal’s Africa unit to upgrade Hwange power plant

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Zimbabwe has secured a $455 million deal with Jindal Africa to refurbish the Hwange coal-fired power plant. The 15-year concession aims to restore the plant's 920 MW capacity over four years, addressing the nation's severe electricity shortages. Jindal Africa will recoup its investment through electricity sales, boosting Zimbabwe's power supply.