Prestige power station
| Part of the Global Coal Plant Tracker, a Global Energy Monitor project. |
| Related coal trackers: |
Prestige power station is a power station under construction in Beitbridge, Matabeleland South, Zimbabwe.
Location
Table 1: Project-level location details
| Plant name | Location | Coordinates (WGS 84) |
|---|---|---|
| Prestige power station | Beitbridge, Matabeleland South, Zimbabwe | -22.121243, 29.863446 (approximate)[1] |
The map below shows the approximate location of the power station.
Project Details
Table 2: Unit-level details
| Unit name | Status | Fuel(s) | Capacity (MW) | Technology |
|---|---|---|---|---|
| Unit 1 | Construction[2] | coal: unknown[1] | 600[2][1] | unknown |
| Unit 2 | Construction[2] | coal: unknown[1] | 600.00[2][1] | unknown |
Table 3: Unit-level ownership and operator details
| Unit name | Owner | Parent |
|---|---|---|
| Unit 1 | Prestige Massive Pvt Ltd [100%][1] | Prestige Massive Pvt Ltd [100.0%] |
| Unit 2 | Prestige Massive Pvt Ltd [100%][1] | Prestige Massive Pvt Ltd [100.0%] |
Project-level captive use details
Background
In December 2022, Zimbabwe’s Chronicle reported that Xintai Resources was planning to build a power and metallurgical special economic zone (SEZ) in Beitbridge, Matabeleland South, that would include a ferrochrome smelting plant and a thermal power plant. The power plant would reportedly supply the SEZ and send surplus power to the national grid. The power plant’s capacity was not reported at the time.[3]
In November 2023, Prestige Massive (Pvt) Limited proposed to construct, own, and operate a 1,200 MW captive coal-fired power plant at River Ranch in Beitbridge town. Contrasting with earlier reports,[3] all electricity generated would reportedly be supplied to Xintai Resources’ ferrochrome smelting plant. Prestige had filed an application for an electricity generation license with the Zimbabwe Energy Regulatory Authority (ZERA).[4]
According to reporting from July 2024, the power plant would have two generators and was under construction.[5] Photographs of the apparent site from August 2024 appeared to show construction activity. The power plant was expected to be supplied by the Tuli Coal Mine 20 km west of Beitbridge.[5]
Zimbabwe Investment and Development approved the project under the SEZ in 2024 with the investment into the 1,200MW plant by Prestige Massive Limited and Xintai Resources.[6][7] The government established new rules for SEZs aiming to stimulate investment. The project is estimated to cost USD 1.2 billion over 10 years.[6]
Financing
As per July 2024 report, "a government official speaking on conditions of anonymity said lots of money for the project was moving around".[5] As of September 2024, it was not clear how the on-going construction of the plant is being financed, but presumably from the Chinese parent company's funds.
Articles and Resources
References
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 https://web.archive.org/web/20240125143324/https://www.chronicle.co.zw/prestige-proposes-1-200mw-thermal-power-plant/. Archived from the original on 25 January 2024.
{{cite web}}: Missing or empty|title=(help) - ↑ 2.0 2.1 2.2 2.3 https://web.archive.org/web/20240920181051/https://www.theindependent.co.zw/local-news/article/200029934/beitbridges-mega-power-station-takes-shape. Archived from the original on 20 September 2024.
{{cite web}}: Missing or empty|title=(help) - ↑ 3.0 3.1 “Beitbridge attracts coal to energy investment,” Chronicle, December 12, 2022
- ↑ "Prestige proposes 1200 MW thermal power plant," Chronicle, November 23, 2023
- ↑ 5.0 5.1 5.2 “Beitbridge’s mega power station takes shape,” Zimbabwe Independent, July 21, 2024
- ↑ 6.0 6.1 "ZIM attracts $2.5bn of Investments". /www.sundaymail.co.zw. August 2024.
{{cite web}}: CS1 maint: url-status (link) - ↑ "Xintai Resources (Pvt) Limited Designation Certificate". zidainvest.com. February 2024.
{{cite web}}: CS1 maint: url-status (link)
Additional data
To access additional data, including an interactive map of coal-fired power stations, a downloadable dataset, and summary data, please visit the Global Coal Plant Tracker on the Global Energy Monitor website.
