Zesa has enlisted the services of auditors to advise the power utility on their power station expansion project set to see Zimbabwe become a net exporter of electricity.
The Zimbabwe Power Company, a subsidiary of Zesa, plans to generate an additional 900 megawatts to bolster the current 1 300 megawatts produced annually.National power demand currently stands at 2200 mega watts.
The programme is set to breathe life into the power utility that has failed to provide consumers with adequate electricity.
Residents told a Parliamentary public hearing that Zesa bosses were enjoying extravagant lifestyles while residents were made to pay hefty bills.
Simbarashe Majamanda, a representative from the Harare Residents’ Trust, said: “Residents have their electrical gadgets exploding through excessive load-shedding without getting any compensation.”
Documents seen by NewsDay show that complaints against the power utility may soon be a thing of the past as Zesa appears geared to deliver.
“According to the agreement between ZPC and the audit company, KPMG, the latter is mandated to provide advice in connection with and ultimately implement, raising capital for ZPC to carry out Hwange and Kariba South Power stations and other expansion projects for Zimbabwe to become a net exporter of excess power as local demand is eventually outstripped by supply,” read the statement.
Zesa said it intended to eventually realise 70% of its revenue from pre-payment metering.
Zesa public relations manager Fullard Gwasira yesterday confirmed the deal but would not shed further light on the matter.