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Home » Non-performing IPPs to lose licences

Non-performing IPPs to lose licences

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THE Zimbabwe Energy Regulatory Authority (Zera), says it will this year cancel licences for renewable and thermal Independent Power Producers (IPPs) who have been sitting on operating permits for years without developing their plans.
This comes as Zimbabwe is currently facing crippling power shortages affecting both industrial and domestic users.
Zera chief executive Edington Mazambani told The Financial Gazette this week that non-performing licences will be cancelled.

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“I cannot pre-empt the outcome of the process. Licence cancellation follows a process that involves the licencee being given an opportunity to make presentations to the Zera board on why the licence must not be cancelled.

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