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Labrish
Nyuuz
Primo Power granted retail electricity licence, joins Zimbabwe's energy market
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[QUOTE="Munyaradzi Mafaro, post: 53396, member: 636"] Zimbabwe Energy Regulatory Authority approved Primo Power Private Limited for retail electricity operations across the nation. The company gains the authority to purchase, sell, and trade electrical power to consumers. This license represents the first major step toward creating competitive electricity markets beyond traditional state monopolies. ZESA Holdings continues to distribute electricity, while Primo Power enters as an alternative supplier. The regulatory approval marks significant progress in energy sector liberalization efforts. Energy Minister July Moyo announced plans for competitive electricity exchanges that will transform market dynamics completely. Private companies will gain direct access to consumers under the proposed regulatory framework being developed. Power generators can select customers and negotiate contracts independently from government utilities. Zimbabwe Electricity Transmission and Distribution Company maintains bulk transmission infrastructure during this transition period. Market reforms aim to reduce consumer costs through increased competition among suppliers. [/QUOTE]
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Labrish
Nyuuz
Primo Power granted retail electricity licence, joins Zimbabwe's energy market
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