China withdraws finance offer for $3 billion coal-fired power plant in Zimbabwe
Environmental concerns The Sengwa coal fired power station project in Zimbabwe was being developed by RioEnergy, a unit of RioZim. Last year the Industrial and Commercial Bank of China (ICBC) was reported to have signed a formal notice of interest in funding the plant, to be constructed by China Gezhouba Group, while associated transmission lines would be built by Power Construction of China. However, it is understood that ICBC has […]