‘Govt ready to partner IPPs on BOT models’

Government says it is ready to partner with independent power producers (IPP) on a build-operate and transfer (BOT) model to boost electricity production in the country.

Speaking at the Zimbabwe Investment Summit in Harare, organised by Global Renaissance, Energy deputy minister Magna Mudyiwa said government had revised the IPP policy to lure investors into the energy sector.

“We do not have enough capital to undertake new projects, but we have various opportunities and we are saying people can come and do the BOT kind of model.

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