Batoka Gorge 2400MW hydroelectric power plant

28/9/2016
Project development

$ 4 billion

Announced

28/9/2016


Overview:

  • Batoka Gorge 2400MW hydroelectric power plant.
  • Located on the border between Zambia and Zimbabwe, 54km downstream from Victoria falls and upstream of the Kariba hydroelectric power plant, the project will see the construction of a 181m high dam and two generators, one on each side of the border.
  • The original capacity of the project was 1600MW but this was expanded in early 2015 to 2400MW.
  • The size of the project should allow both Zambia and Zimbabwe to become electricity exporters.
  • The African Development Bank is acting as lead financial adviser on the project.

Sam Duke - Editor

Jurisdictions:

Zambia
Zimbabwe

Deal type:

Project development

Practice area:

Project development

Governing laws:

England and Wales
Zambia
Zimbabwe

Industry sector:

Energy


Firm:

Party: Zambezi River Authority (Grantor)