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Zimbabwe, Jindal ink $455 mn deal
Mint Mumbai
|September 18, 2025
Zimbabwe has agreed a $455 million, 15-year concession deal with the Africa-focused unit of India’s Jindal Steel for the refurbishment of a 920 megawatt coal-fired power plant, the energy minister said.
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The work on six ageing units at the Hwange thermal power station is expected to take four years, July Moyo said during a post-cabinet briefing late on Tuesday. Jindal Africa will recover its investment from reve
This story is from the September 18, 2025 edition of Mint Mumbai.
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