Featured Project

Nyangani Renewable Energy

Norsad Finance funded a 3.75MW hydroelectric power scheme in Zimbabwe's Honde Valley being developed by Nyangani Renewable Energy (Pty) Ltd (NGE). NGE is an independent power producer operating in Zimbabwe.
It started in 2010 with the completion of a small 1.1MW hydro scheme and by early 2015 had built three further schemes. Norsad Finance provided project finance for the Pungwe C scheme, the fifth one to be built, and it has enabled NRE to bring its total installed capacity to 25MW, which is 2% of Zimbabwe's total installed generation capacity.
Pungwe C is a run of river scheme on the Chiteme river, a tributary of the head waters of the Pungwe River which flows off the Nyangani Massif.  The scheme involves the building of an offtake weir to divert up to 2,500 litres per second of river flow into a 1.2 metre diameter steel pipe. This pipe, also known as the penstock, transports the water over a distance of 2,750 metres and a vertical drop of 190 metres. It discharges into the power station which houses a Gilkes turgo-impulse turbine & generator which converts the energy of the flowing water into an electrical current. The used water is then immediately returned into the river and the electricity is dispatched into the Zimbabwe national grid. NRE sells all the electricity it produces to the Zimbabwe Electricity Transmission and Distribution Company Ltd. 
The project was constructed over 2015 and commissioned in early 2016. Over the whole year it will deliver 9,554 MWh which is enough to power 10,000 homes, and taken together with the output of the other 4 power stations built by NRE, enough electricity is produced to power 85,000 households across eastern Zimbabwe.
The Chiteme river flows from the Rhodes Nyanga national park through communal land which is home to a productive farming community. The conservation of the natural environment and the watershed is very important for both the local farmers and for the long term success of the hydroelectric power schemes. The project was designed to minimise any environmental impact and was compliant with the IFC's Equator principles.
NRE has a commitment to ensure that the local community can and do benefit from the new electricity. It has provided funding for the electrification of the schools in the local district and over the last two years 20 schools have been wired up to the grid for the first time and are benefitting over 11,000 primary and secondary school students.