PER Lusulu is developing an integrated 350MW supercritical thermal power plant, located in Binga District Matabeleland North Province of Zimbabwe to supply electricity to the Zimbabwe National Grid. The project is approximately 305km to the north South cross-border Central Transmission Corridor. ZETDC’s grid impact studies require PER Lusulu to connect to this corridor at the Alaska Substation. The Company is targeting financial close by Q2 of 2020 and commissioning of the power plant by the end of 2023 and commence commercial operations by Q1 2024.
The development of the PER Lusulu Power Plant Project will see a substantial investment into the Binga District, generating domestic revenue streams, stimulating regional development, creating employment opportunities and strengthening and diversifying the country’s production and export base.