Reply to thread

Message: [QUOTE="Queen, post: 88999, member: 27"] Government cash backup shores up a big solar deal and eases investor jitters over getting paid. Vungu Solar Project [LIST] [*]Authorities issued a payment guarantee for the 30MW scheme. [*]Vungu Solar signed its 25-year pact with ZETDC in January. [*]Backup kicks in if the utility misses any obligations. [*]Move supports a larger 1000MW push for independent producers. [/LIST] Investor safeguards [LIST] [*]The package delivers cost-reflective rates plus profit repatriation. [*]The plan first surfaced back in 2022 to attract more IPPs. [*]General Notice 338 of 2026 spells out the Finance Minister's action. [*]Guarantee covers the full purchase price under the support pact. [/LIST] [/QUOTE]