Gutu RDC signs $120 million deal with Hive Energy

Date:

Share post:


Alexander Mutembwa

Precila Takabvirakare

MPANDAWANA – Gutu Rural District Council (RDC) has signed a US$120 million deal with Hive Energy Limited which is in a joint venture with Ridgewell Investments for the construction of 100 megawatts solar energy plant in Chatsworth.
The project will be done on a 300-hectare council farm and is expected to start in mid-October this year.
It will generate power using solar and green technology which will then be sold to large power suppliers like Zesa and other public power distributors in the SADC.
Gutu RDC Chief Executive Officer Alexander Mutembwa said the local authority was excited by the deal as it will create jobs and lead to improved revenue for the local authority.
“We are very excited being involved in such a big project in the district as it is expected to create about 2500 jobs for locals in Gutu and in Zimbabwe at large. It will also help attract investment for the modernisation of infrastructure in the district as a result of an increase in revenue,” said Mutembwa
He said the project was of great importance to the district which will be in a better position to electrify schools, public offices and health centres.local

TellZimNews
TellZimNewshttps://tellzim.com
TellZim News is the leading news organization in the Southern region. It provides candid, balanced and timely news from the communities. Keeping it real. Committed to tell Zimbabwe.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

New school for Mutimurefu Prison Camp, surrounding communities

By Tadiwa ShunjeMASVINGO – Children from Mutimurefu Prison Camp and surrounding communities whohave for years walked up to 23...

Masvingo sharpens clean-city drive ahead of tourism showcase

By Tadiwa ShunjeMASVINGO- City of Masvingo has intensified efforts to keep the city clean and attractive as theprovince...

Masvingo City finally relocates buses to Mucheke after years of failed attempts

By Staff ReporterMASVINGO – The City of Masvingo has finally moved long distance buses from theCentral Business District to...

From Institutions to Interiors: How Zimbabwe Can Redefine Mental Health Care

Community Psychologist Intern Lillian Shoko explores the policy reforms needed to make halfway homes and home-care a reality. Mental health...