Batoka Gorge Hydro-Electric Scheme
Project Description
A bi-national hydropower project between Zimbabwe and Zambia to generate 2,400MW through construction of a dam, two power stations, and associated infrastructure.
Project Location:
Zambezi River (47km downstream from Victoria Falls)
Lead Agency/ Project Promoter:
Zambezi River Authority (ZRA)
Contact
Email: schizwina@zidainvest.com / nmahombera@zidainvest.com
Current Status/ Stage of Project:
Project preparation stage (updating feasibility, ESIA, and advisory documents)
Actions Required/ Implementation Arrangements/ Contract Type:
Public Private Partnership structure (30% equity, 70% debt); seeking investors and technical partners
Availability of Pre-feasibility Studies, Feasibility Studies, and other Studies:
Engineering Feasibility Study, ESIA, Financial & Commercial Advisory (being updated)
Estimated Cost of the Project:
USD 4,25 billion
Investment Required
USD 4,25 billion
Project Financial Position:
Strong viability (NPV: USD3.02bn, ROI: 9.41%, Payback: 4.5 years)
Period of Implementation:
Not specified (long-term infrastructure project)
Remarks:
Flagship regional renewable energy project with strong SAPP impact
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Country
Zimbabwe
Location (s)
Batoka Gorge/ Zambezi River
Sector
Infrastructure: Transport, Energy, ICT, Mining and Water
Sub Sector
Renewable Energy
Investment Value Range
+ 100 million USD
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