TANGANDA Tea Company (Tanganda) says its energy costs declined in 2022 on account of investments in renewable energy, which now satisfies 20,55 percent of all power needs.
This comes at a time the country is facing an energy crisis, with increasing shortages of electricity hampering industry and investment.
“Tanganda Tea Company Limited invested in solar power plants to reduce dependence on both thermal and hydropower from the Zimbabwe
Electricity Transmission and Distribution Company (ZETDC), which over the years has been erratic and costly,” group chairman Herbert Nkala said in the company’s annual report for the year ended September 30, 2022.
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