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China to Help Build $3 Billion Coal Plant in Zimbabwe

  • Sengwa power plant to be built in four phases of 700MW each
  • Project previously owned by Rio Tinto before handed to RioZim
Lake Kariba
Lake Kariba Photographer: GUILLEM SARTORIO/AFP

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Zimbabwe’s Rio Energy Ltd., a unit of RioZim Ltd., will build a 2,100 megawatt thermal power plant with China Gezhouba Group Corp in northern Zimbabwe at a projected cost of $3 billion, Rio Energy said Monday.