Great Zimbabwe Hydro Power, a joint venture between a ZOL and New Planet of South Africa, will soon start work on the 5MW power project, reported The Herald.
Being developed in phases, the project is expected to be completed in two years. Power generated by the plant will be transferred to the national grid.
Recently, Masvingo RDC acting CEO Martin said the council was cooperating with the Zimbabwe National Water Authority (Zinwa) to jointly manage the power generation project.
Martin said: "Zinwa will deal with the remaining issues that need to be sorted out before work on the plant can begin because we recently established that the land where the investors want to build their plant belongs to the water regulatory authority.
"As Masvingo RDC, we finished our part when we gave Great Zimbabwe Power Company permission to start work and we hope the project will kick off soon once the investors have reached an agreement with Zinwa."
The project will be the second in Masvingo. The first 15MW project is being planned at Tokwe-Mukosi Dam in Chivi South.