Philemon Jambaya
Zim Now Editor
Innscor Africa Limited, one of Zimbabwe's largest conglomerates, has revealed that it is consuming a staggering 8.1 million litres of diesel annually to power its operations due to the country's debilitating power cuts.
The company, which has interests in food processing, retail, and agriculture, said the diesel consumption has become a significant cost burden, wit millions of dollars being spent to keep its operations afloat.
"In the year to June, the company used 8.1 million litres of diesel. Of this, 5 million litres was for production and 3 million litres for generators," Innscor said in a statement.
However, in a bid to reduce its reliance on diesel and mitigate the impact of power cuts, Innscor has embarked on an ambitious plan to adopt green energy.
The company is investing in solar energy, with plans to install 4.42MWh of solar power at its Colcom complex, Natfoods factory, and AMP's Zimnyama Abattoir.
In addition, Innscor is shifting to electric and LPG-run forklifts, and increasing the number of retail branches running on solar power.
"The Group used 119 493 MWh of grid electricity in the year, 19% more than the prior year," Innscor said.
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