{"id":5651,"date":"2019-03-15T14:56:31","date_gmt":"2019-03-15T14:56:31","guid":{"rendered":"https:\/\/www.africa-press.com\/zimbabwe\/?p=5651"},"modified":"2019-03-15T14:56:31","modified_gmt":"2019-03-15T14:56:31","slug":"govt-ready-to-partner-ipps-on-bot-models","status":"publish","type":"post","link":"https:\/\/www.africa-press.cc\/zimbabwe\/all-news\/govt-ready-to-partner-ipps-on-bot-models","title":{"rendered":"\u2018Govt ready to partner IPPs on BOT models\u2019"},"content":{"rendered":"<p>Government says it is ready to partner with independent power producers (IPP) on a build-operate and transfer (BOT) model to boost electricity production in the country.<span id=\"more-3096224744016402\"><\/span><\/p>\n<p>Speaking at the Zimbabwe Investment Summit in Harare, organised by Global Renaissance, Energy deputy minister Magna Mudyiwa said government had revised the IPP policy to lure investors into the energy sector.<\/p>\n<p>\u201cWe do not have enough capital to undertake new projects, but we have various opportunities and we are saying people can come and do the BOT kind of model.<br \/>\nThose with money, we are ready to work and ensure we have enough energy to fire up our industry,\u201d she said.<\/p>\n<p>The summit, held yesterday was aimed at unlocking investment opportunities, especially in local authorities.<\/p>\n<p>Mudyiwa said the country was focusing more on renewable energy and effective use of the available energy projects to avoid leakages and reduce the import bill.<\/p>\n<div class=\"code-block code-block-2\"><\/div>\n<p>Local Government deputy minister Jennifer Mhlanga said private investors were welcome to partner local authorities in various sectors such as waste management and water as well as in the agricultural sector.<\/p>\n<p>Mhlanga said under President Emmerson Mnangagwa\u2019s administration, officials who were awarding tenders to their cronies were being prosecuted.<\/p>\n<p>\u201cYou may have noticed that those who were busy engaging in corrupt activities are now facing the full wrath of the law. The law might seem slow, but it will catch up with you. The Office of the President has taken it upon itself to ensure that corruption becomes a thing of the past,\u201d she said.<\/p>\n<div class=\"relpost-thumb-wrapper\">\n<div class=\"\"><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Government says it is ready to partner with independent power producers (IPP) on a build-operate and transfer (BOT) model to boost electricity production in the country. Speaking at the Zimbabwe Investment Summit in Harare, organised by Global Renaissance, Energy deputy minister Magna Mudyiwa said government had revised the IPP policy to lure investors into the [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":5653,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,6],"tags":[83,424,205,212],"class_list":{"0":"post-5651","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all-news","8":"category-economy","9":"tag-economy","10":"tag-investment","11":"tag-minister","12":"tag-water"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>\u2018Govt ready to partner IPPs on BOT models\u2019 - zimbabwe<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/govt-ready-to-partner-ipps-on-bot-models\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u2018Govt ready to partner IPPs on BOT models\u2019\" \/>\n<meta property=\"og:description\" content=\"Government says it is ready to partner with independent power producers (IPP) on a build-operate and transfer (BOT) model to boost electricity production in the country. Speaking at the Zimbabwe Investment Summit in Harare, organised by Global Renaissance, Energy deputy minister Magna Mudyiwa said government had revised the IPP policy to lure investors into the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/govt-ready-to-partner-ipps-on-bot-models\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-15T14:56:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/upload\/sites\/14\/2019\/03\/www.newsday.co_.zwsolar-power-c5ddf8f4fe286567a6c57d9d891e282a466cb4ec.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"668\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/govt-ready-to-partner-ipps-on-bot-models\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/govt-ready-to-partner-ipps-on-bot-models\",\"name\":\"\u2018Govt ready to partner IPPs on BOT models\u2019 - 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