In September 2016, it was announced that the ZPC had signed a US$128 million agreement with a three-party consortium for the construction of the 30-MW Gairezi hydroelectric plant. The consortium was composed of Intratrek Zimbabwe, Bharat Heavy Electrical Ltd (BHEL) and Angelique International Ltd. The Gairezi facility, proposed for more than a decade, will be located on the Gairezi River. Needed investments are estimated at $110 million, and construction would be expected to take 30 months. 
Gairezi River, Mashonaland East Province.
In March 2016, energy projects developer Intratrek Zimbabwe and its Indian technical partners signed a contract for construction of the long-awaited 30 megawatt Gairezi Hydro Power Project with Zimbabwe Power Company. The engineering, procurement and construction contract was signed between Intratrek and its Indian technical partners Angelique International (represented by its senior vice president Mr [Anil K Gupta]]), Bharat Heavy Electricals Limited (BHEL general manager Mr Shri Vijay Ramacharyulu) and ZPC for a cost of $128 million. The State Procurement Board awarded the tender for construction of Gairezi Hydro Power Station to Intratrek and its partners last year, as per the tender requirement that the project be awarded to the lowest bidder to specification. ZPC managing director Engineer Noah Gwariro said that signing the deal paves way for the contractors to start the process of looking for requisite funding. Gairezi had not materialised since being mooted in 2006 due to funding issues. The Gairezi hydro project would help Zimbabwe, which generates about 1 200MW against demand of 2 200MW, reduce dependence on imports and be a net exporter of power by 2018.