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*Indian Firm battling to get money to rehabilitate power stations three years after winning tender* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?da Indian firm Jaguar Investments is yet to begin work on the rehabilitation of the Harare Power Station three years after winning the tender. The company is reported to be struggling to secure the $70 million required for the job. The firm failed to get funding from the State-owned India Eximbank after reports that the company does not have a good relationship with the bank. Jaguar Investments and its local partner, Intratrek Zimbabwe fronted by businessman Wicknell Chivhayo, also won another tender repower Munyati Power Station, despite having a hard time securing funding for the Harare Power Station. ---------- Latest itel S24 available on Pindula: 128GB storage, 4GB RAM $119 USD WhatsApp: +263715068543 Calls: 0772464000 Buy Online: https://www.pindula.co.zw/market/itel-s24-128gb-22-20240426142756795795/?s=wanews ---------- The re-powering of the power stations is part of Zesa Holdings’ plan to raise the country’s power production. More: Herald _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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