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GE, PowerChina Set to Build $4 Billion Zambia-Zimbabwe Plant

  • Batoka Gorge dam will straddle the two nations’ borders
  • Zambia and Zimbabwe are grappling with electricity shortages
Emmerson Mnangagwa
Emmerson MnangagwaPhotographer: Jason Alden/Bloomberg
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Zimbabwe and Zambia chose General Electric Co. and Power Construction Corp. of China to build a $4 billion hydropower project straddling their border, Zimbabwean President Emmerson Mnangagwa said.

The 2,400-megawatt Batoka Gorge plant has been planned for years by the two southern African nations, both of which are struggling with electricity shortages after a drought curbed hydropower output. General Electric and Power China are in a consortium that was shortlisted in February to build the facility.