The Zimbabwe Electricity Regulatory Authority (ZERA) has approved the proposal of the Zimbabwe Power Company (ZPC) to develop a 40MW hydro project and produce electricity to address the frequent power outages in the country.

The 40MW hydro project has been proposed to be developed at the Gairezi River located in the Eastern Highlands is expected to cost about $90m.

ZPC managing director Noah Gwalior was quoted by as saying that the company’s application to generate power at Gairezi has been approved.

"ZPC are doing their best to make sure there is adequate power for Zimbabwe and this project will definitely contribute to a reduction in the power woes that have threatened industry and the nation at large," Gwalior added.

The completion of the hydro project is expected to be achieved in two years time.

ZPC is a wholly owned subsidiary of the Zimbabwe Electricity Supply Authority which is a state-owned company that generates, transmits, and distributes electricity in Zimbabwe.