Chivayo’s US$25m lawsuit overstated: ZPC

ZIMBABWE Power Company (ZPC)’s renewable projects manager Cleophas Fambi told the High Court on Wednesday that businessman Wicknell Chivayo’s US$25 million lawsuit was overstated.

Fambi was testifying in the matterwhere Chivayo and his company Intratrek Zimbabwe are suing ZPC for US$25 million for terminating a contract for the US$173 million Gwanda solar power project.

Chivayo was awarded the tender, and he also received US$5,6 million pre-commencement fees without a bank guarantee and without any work done, resulting in ZPC cancelling the contract.

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