Zimbabwe has entered a 15-year concession agreement with Jindal Africa, the subsidiary of India’s Jindal Steel, for a value of $455m to rehabilitate the 920MW coal-fired Hwange thermal power plant. The refurbishment project, announced by the country’s energy minister July Moyo, will focus on revitalising six ageing units over four years, reported Reuters. Under the agreement, Jindal will finance, rehabilitate, and operate the thermal units for 15 years before transferring them back to Zimbabwe Power Comp ...