A Chinese Company Gezhouba Group Corp will reportedly work with Rio Energy a division of Rio Zim to build a 2100 MW Thermal Power Plant a project worth R3 BIllion, ZBC News reports.

This was revealed by Rio Energy Caleb Dengu who said:

CGGC will develop the project and assist with the fund raising, We have coal reserves to support a 10,000 megawatt plant at Sengwa,

A 250 kilometre pipeline will carry water from Lake Kariba to Sengwa. The pipeline, and a 420 kilovolt-ampere power line, will be built by PowerChina. The first phase of the project will cost about $1.2 billion.

The Industrial and Commercial Bank of China has given a formal expression of interest in the project and is negotiating with Sinosure, also known as the China Export and Credit Insurance Corp, to cover country risk insurance costs.