ZPC CANCELS $133M INDIAN CONTRACT

Zimbabwe Power Company (ZPC) has cancelled the $133
million tender for the repowering of Munyati Power Station awarded to an Indian
company, Jaguar Overseas, after the firm failed to secure funding for the
project, four years after winning the bid.

Zimbabwe Power Company (ZPC) has cancelled the $133 million tender for the repowering of Munyati Power Station awarded to an Indian company, Jaguar Overseas, after the firm failed to secure funding for the project, four years after winning the bid. The Procurement Regulatory Authority of Zimbabwe (PRAZ) has since granted ZPC the nod to approach the next bidder in line with the Public