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ZPC secures $43m loan

HARARE – The Zimbabwe Power Corporation (ZPC) has received a $43 million loan from Standard Bank Namibia towards the on-going 300 MW extension of Kariba South Hydro Power Plant. The loan, to be paid through a long-term power purchase agreement (PPA) between ZPC and NamPower, will allow Namibia currently facing an imminent energy deficit to…

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