According to recent reports, ZESA Enterprises (Pvt) Ltd, a subsidiary of the Zimbabwe Electricity Supply Authority, has received government approval to partner with Management Services Company in the construction of a US$25 million plant that will manufacture electricity transmission cables in Harare.
Newsreportzim.com learnt about this massive development from a post by 263chat.
This move is expected to significantly boost the country’s energy sector and promote economic growth.
ZESA Enterprises is well-known for providing engineering solutions to the electricity sector, and this new project aligns perfectly with its mission. The manufacturing plant will not only create employment opportunities but also contribute to the development of local industries.
The partnership with Management Services Company brings together two entities with a wealth of experience and expertise in their respective fields. This collaboration is expected to result in the production of high-quality transmission cables that meet the specific needs of Zimbabwe’s electricity grid.
The approval of this project is a positive step towards addressing the challenges faced by Zimbabwe’s energy sector and enhancing the country’s energy security. By producing transmission cables locally, the plant will help reduce dependence on imports and ensure a more reliable supply of electricity to consumers.
SOURCE : NEWSREPORTZIM.COM
Discussion about this post