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Zimbabwe electricit­y expansion

A Zimbabwean minister on Tuesday lauded Sinohydro, China’s hydropower engineerin­g and constructi­on company, for funding the expansion of Kariba South hydropower station by 300 megawatts (MW).

Speaking in Kariba ahead of the commission­ing of the expansion project, Zimbabwe’s Energy Minister Simon Khaya Moyo said the additional power will help reduce the country’s power import bill.

Sinohydro carried out the expansion of the Kariba power plant by adding two 150 MW units from 2014 at a cost of $535 million. The first unit was completed and started feeding into the national grid in December 2017. The test run for the second unit was completed two weeks ago.

The expansion project has lifted the plant’s capacity to 1,050 MW, making it the largest power plant in the country.

Volvo’s Lynk cars for Europe

The new car brand Lynk & Co, partly owned by Volvo Cars and Zhejiang Geely Holding, confirmed Monday that Volvo’s factory in Ghent, Belgium will make cars for the brand from 2019.

The Lynk brand was launched as a new volume brand by Zhejiang Geely, the owner of Volvo Cars, in 2015.

The production of Lynk & Co’s 01 model for Europe will share the same production line as the Volvo XC40, Lynk & Co said in a statement.

Volvo Cars acquired a 30 percent stake in Lynk & Co in 2017. Geely Auto owns 50 percent and Zhejiang Geely Holding owns 20 percent in Lynk & Co.

The Ghent plant employs about 5,000 workers.

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